This property looks like a bad Long-Term investment with a projected -15.85% first-year return on $69,804 initial cash invested.
-15.85%
Cash On Cash
3.47%
Cap Rate
0.53
DSCR
$1,485
Rent
-$922
Cashflow
Cash Flow
$1,485 income − $2,407 expenses = $922 out of pocket
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,804
Downpayment
20%
$66,480
Closing costs
1%
$3,324
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,485
Total Expenses
$2,407
Mortgage P&I
122%
$1,810
Property Taxes
6%
$93
Home Insurance
8%
$119
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0