This property looks like a bad Long-Term investment with a projected -10.73% first-year return on $70,896 initial cash invested.
-10.73%
Cash On Cash
4.73%
Cap Rate
0.72
DSCR
$2,549
Rent
-$634
Cashflow
Cash Flow
$2,549 income − $3,183 expenses = $634 out of pocket
Investment Breakdown
|
Purchase Price
$338k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,896
Downpayment
20%
$67,520
Closing costs
1%
$3,376
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,549
Total Expenses
$3,183
Mortgage P&I
72%
$1,837
Property Taxes
11%
$268
Home Insurance
7%
$166
HOA
10%
$250
Property Management
10%
$255
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0