This property looks like a bad Long-Term investment with a projected -19.06% first-year return on $71,211 initial cash invested.
-19.06%
Cash On Cash
2.74%
Cap Rate
0.42
DSCR
$1,226
Rent
-$1,131
Cashflow
Cash Flow
$1,226 income − $2,357 expenses = $1,131 out of pocket
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,211
Downpayment
20%
$67,820
Closing costs
1%
$3,391
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,226
Total Expenses
$2,357
Mortgage P&I
150%
$1,843
Property Taxes
6%
$73
Home Insurance
10%
$122
HOA
0%
$0
Property Management
10%
$123
CapEx
5%
$61
Vacancy
6%
$74
Maintenance
5%
$61
Other
0%
$0