This property looks like a bad Long-Term investment with a projected -13.57% first-year return on $70,203 initial cash invested.
-13.57%
Cash On Cash
4.01%
Cap Rate
0.61
DSCR
$1,781
Rent
-$794
Cashflow
Cash Flow
$1,781 income − $2,575 expenses = $794 out of pocket
Investment Breakdown
|
Purchase Price
$334k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,203
Downpayment
20%
$66,860
Closing costs
1%
$3,343
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,781
Total Expenses
$2,575
Mortgage P&I
102%
$1,821
Property Taxes
9%
$169
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0