This property looks like a bad Long-Term investment with a projected -11.52% first-year return on $71,127 initial cash invested.
-11.52%
Cash On Cash
4.53%
Cap Rate
0.69
DSCR
$1,912
Rent
-$683
Cashflow
Cash Flow
$1,912 income − $2,595 expenses = $683 out of pocket
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,127
Downpayment
20%
$67,740
Closing costs
1%
$3,387
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,912
Total Expenses
$2,595
Mortgage P&I
98%
$1,866
Property Taxes
6%
$110
Home Insurance
6%
$121
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0