This property looks like a bad Long-Term investment with a projected -18.18% first-year return on $69,174 initial cash invested.
-18.18%
Cash On Cash
2.91%
Cap Rate
0.46
DSCR
$1,814
Rent
-$1,048
Cashflow
Cash Flow
$1,814 income − $2,862 expenses = $1,048 out of pocket
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,174
Downpayment
20%
$65,880
Closing costs
1%
$3,294
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,814
Total Expenses
$2,862
Mortgage P&I
97%
$1,756
Property Taxes
28%
$517
Home Insurance
6%
$117
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0