This property looks like a bad Long-Term investment with a projected -5.35% first-year return on $70,476 initial cash invested.
-5.35%
Cash On Cash
6.09%
Cap Rate
0.91
DSCR
$2,841
Rent
-$314
Cashflow
Cash Flow
$2,841 income − $3,155 expenses = $314 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,476
Downpayment
20%
$67,120
Closing costs
1%
$3,356
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,841
Total Expenses
$3,155
Mortgage P&I
66%
$1,876
Property Taxes
15%
$422
Home Insurance
4%
$119
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0