This property looks like a bad Long-Term investment with a projected -3.18% first-year return on $69,825 initial cash invested.
-3.18%
Cash On Cash
5.88%
Cap Rate
0.96
DSCR
$2,394
Rent
-$185
Cashflow
Cash Flow
$2,394 income − $2,579 expenses = $185 out of pocket
Investment Breakdown
|
Purchase Price
$333k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,825
Downpayment
20%
$66,500
Closing costs
1%
$3,325
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,394
Total Expenses
$2,579
Mortgage P&I
71%
$1,694
Property Taxes
6%
$145
Home Insurance
5%
$117
HOA
0%
$0
Property Management
10%
$239
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0