This property looks like a bad Long-Term investment with a projected -17.78% first-year return on $70,749 initial cash invested.
-17.78%
Cash On Cash
3.35%
Cap Rate
0.5
DSCR
$2,077
Rent
-$1,048
Cashflow
Cash Flow
$2,077 income − $3,125 expenses = $1,048 out of pocket
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,749
Downpayment
20%
$67,380
Closing costs
1%
$3,369
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,077
Total Expenses
$3,125
Mortgage P&I
91%
$1,884
Property Taxes
28%
$572
Home Insurance
6%
$121
HOA
0%
$7
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0