This property looks like a bad Long-Term investment with a projected -20.35% first-year return on $69,279 initial cash invested.
-20.35%
Cash On Cash
2.71%
Cap Rate
0.41
DSCR
$1,591
Rent
-$1,175
Cashflow
Cash Flow
$1,591 income − $2,766 expenses = $1,175 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,591
Total Expenses
$2,766
Mortgage P&I
116%
$1,841
Property Taxes
25%
$395
Home Insurance
7%
$116
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$80
Vacancy
6%
$95
Maintenance
5%
$80
Other
0%
$0