This property looks like a bad Long-Term investment with a projected -14.71% first-year return on $71,862 initial cash invested.
-14.71%
Cash On Cash
3.79%
Cap Rate
0.58
DSCR
$1,732
Rent
-$881
Cashflow
Cash Flow
$1,732 income − $2,613 expenses = $881 out of pocket
Investment Breakdown
|
Purchase Price
$342k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,862
Downpayment
20%
$68,440
Closing costs
1%
$3,422
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,732
Total Expenses
$2,613
Mortgage P&I
108%
$1,875
Property Taxes
10%
$165
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0