This property looks like a bad Long-Term investment with a projected -11.45% first-year return on $69,678 initial cash invested.
-11.45%
Cash On Cash
4.24%
Cap Rate
0.67
DSCR
$1,778
Rent
-$665
Cashflow
Cash Flow
$1,778 income − $2,443 expenses = $665 out of pocket
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,678
Downpayment
20%
$66,360
Closing costs
1%
$3,318
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,778
Total Expenses
$2,443
Mortgage P&I
98%
$1,749
Property Taxes
6%
$109
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0