This property looks like a bad Long-Term investment with a projected -10.83% first-year return on $70,476 initial cash invested.
-10.83%
Cash On Cash
4.53%
Cap Rate
0.7
DSCR
$1,885
Rent
-$636
Cashflow
Cash Flow
$1,885 income − $2,521 expenses = $636 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,885
Total Expenses
$2,521
Mortgage P&I
96%
$1,808
Property Taxes
5%
$102
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0