This property looks like a bad Long-Term investment with a projected -11.41% first-year return on $69,825 initial cash invested.
-11.41%
Cash On Cash
4.15%
Cap Rate
0.67
DSCR
$1,764
Rent
-$664
Cashflow
Cash Flow
$1,764 income − $2,428 expenses = $664 out of pocket
Investment Breakdown
|
Purchase Price
$333k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,764
Total Expenses
$2,428
Mortgage P&I
98%
$1,727
Property Taxes
7%
$119
Home Insurance
7%
$121
HOA
0%
$3
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0