This property looks like a bad Long-Term investment with a projected -21.06% first-year return on $70,602 initial cash invested.
-21.06%
Cash On Cash
2.57%
Cap Rate
0.39
DSCR
$2,307
Rent
-$1,239
Cashflow
Cash Flow
$2,307 income − $3,546 expenses = $1,239 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,602
Downpayment
20%
$67,240
Closing costs
1%
$3,362
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,307
Total Expenses
$3,546
Mortgage P&I
80%
$1,843
Property Taxes
40%
$915
Home Insurance
5%
$119
HOA
3%
$70
Property Management
10%
$231
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0