This property looks like a bad Long-Term investment with a projected -12.12% first-year return on $72,282 initial cash invested.
-12.12%
Cash On Cash
4.17%
Cap Rate
0.65
DSCR
$1,882
Rent
-$730
Cashflow
Cash Flow
$1,882 income − $2,612 expenses = $730 out of pocket
Investment Breakdown
|
Purchase Price
$344k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,282
Downpayment
20%
$68,840
Closing costs
1%
$3,442
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,882
Total Expenses
$2,612
Mortgage P&I
97%
$1,832
Property Taxes
9%
$163
Home Insurance
7%
$128
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0