This property looks like a bad Long-Term investment with a projected -7.21% first-year return on $69,699 initial cash invested.
-7.21%
Cash On Cash
5.33%
Cap Rate
0.83
DSCR
$2,381
Rent
-$419
Cashflow
Cash Flow
$2,381 income − $2,800 expenses = $419 out of pocket
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,699
Downpayment
20%
$66,380
Closing costs
1%
$3,319
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,381
Total Expenses
$2,800
Mortgage P&I
75%
$1,775
Property Taxes
9%
$226
Home Insurance
5%
$118
HOA
3%
$62
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0