This property looks like a bad Long-Term investment with a projected -5.42% first-year return on $71,778 initial cash invested.
-5.42%
Cash On Cash
5.95%
Cap Rate
0.9
DSCR
$2,710
Rent
-$324
Cashflow
Cash Flow
$2,710 income − $3,034 expenses = $324 out of pocket
Investment Breakdown
|
Purchase Price
$342k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,778
Downpayment
20%
$68,360
Closing costs
1%
$3,418
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,710
Total Expenses
$3,034
Mortgage P&I
69%
$1,882
Property Taxes
10%
$282
Home Insurance
5%
$122
HOA
2%
$42
Property Management
10%
$271
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0