This property looks like a bad Long-Term investment with a projected -14.66% first-year return on $70,476 initial cash invested.
-14.66%
Cash On Cash
3.95%
Cap Rate
0.59
DSCR
$1,924
Rent
-$861
Cashflow
Cash Flow
$1,924 income − $2,785 expenses = $861 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,476
Downpayment
20%
$67,120
Closing costs
1%
$3,356
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,924
Total Expenses
$2,785
Mortgage P&I
97%
$1,869
Property Taxes
15%
$290
Home Insurance
6%
$119
HOA
0%
$8
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0