This property looks like a bad Long-Term investment with a projected -16.19% first-year return on $69,298 initial cash invested.
-16.19%
Cash On Cash
3.06%
Cap Rate
0.5
DSCR
$1,691
Rent
-$935
Cashflow
Cash Flow
$1,691 income − $2,626 expenses = $935 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,298
Downpayment
20%
$65,998
Closing costs
1%
$3,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,691
Total Expenses
$2,626
Mortgage P&I
100%
$1,692
Property Taxes
22%
$368
Home Insurance
7%
$116
HOA
1%
$10
Property Management
10%
$169
CapEx
5%
$85
Vacancy
6%
$101
Maintenance
5%
$85
Other
0%
$0