This property looks like a bad Long-Term investment with a projected -9.61% first-year return on $69,279 initial cash invested.
-9.61%
Cash On Cash
4.77%
Cap Rate
0.75
DSCR
$2,195
Rent
-$555
Cashflow
Cash Flow
$2,195 income − $2,750 expenses = $555 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,195
Total Expenses
$2,750
Mortgage P&I
80%
$1,755
Property Taxes
14%
$307
Home Insurance
5%
$116
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0