This property looks like a bad Long-Term investment with a projected -8.68% first-year return on $70,350 initial cash invested.
-8.68%
Cash On Cash
4.91%
Cap Rate
0.77
DSCR
$1,932
Rent
-$509
Cashflow
Cash Flow
$1,932 income − $2,441 expenses = $509 out of pocket
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,350
Downpayment
20%
$67,000
Closing costs
1%
$3,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,932
Total Expenses
$2,441
Mortgage P&I
92%
$1,783
Property Taxes
2%
$38
Home Insurance
6%
$117
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0