This property looks like a bad Long-Term investment with a projected -9.56% first-year return on $72,156 initial cash invested.
-9.56%
Cash On Cash
5.05%
Cap Rate
0.76
DSCR
$2,545
Rent
-$575
Cashflow
Cash Flow
$2,545 income − $3,120 expenses = $575 out of pocket
Investment Breakdown
|
Purchase Price
$344k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,156
Downpayment
20%
$68,720
Closing costs
1%
$3,436
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,545
Total Expenses
$3,120
Mortgage P&I
74%
$1,894
Property Taxes
17%
$437
Home Insurance
5%
$128
HOA
0%
$0
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0