This property looks like a bad Long-Term investment with a projected -12.65% first-year return on $70,371 initial cash invested.
-12.65%
Cash On Cash
4.53%
Cap Rate
0.66
DSCR
$1,929
Rent
-$742
Cashflow
Cash Flow
$1,929 income − $2,671 expenses = $742 out of pocket
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,371
Downpayment
20%
$67,020
Closing costs
1%
$3,351
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,929
Total Expenses
$2,671
Mortgage P&I
99%
$1,911
Property Taxes
7%
$140
Home Insurance
6%
$119
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$96
Vacancy
6%
$116
Maintenance
5%
$96
Other
0%
$0