This property looks like a bad Long-Term investment with a projected -88.02% first-year return on $70,728 initial cash invested.
-88.02%
Cash On Cash
-11.91%
Cap Rate
-1.91
DSCR
$1,942
Rent
-$5,188
Cashflow
Cash Flow
$1,942 income − $7,130 expenses = $5,188 out of pocket
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,728
Downpayment
20%
$67,360
Closing costs
1%
$3,368
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,942
Total Expenses
$7,130
Mortgage P&I
90%
$1,749
Property Taxes
245%
$4,750
Home Insurance
6%
$122
HOA
0%
$4
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0