This property looks like a bad Long-Term investment with a projected -10.46% first-year return on $70,539 initial cash invested.
-10.46%
Cash On Cash
4.93%
Cap Rate
0.73
DSCR
$2,231
Rent
-$615
Cashflow
Cash Flow
$2,231 income − $2,846 expenses = $615 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,539
Downpayment
20%
$67,180
Closing costs
1%
$3,359
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,231
Total Expenses
$2,846
Mortgage P&I
84%
$1,883
Property Taxes
12%
$268
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0