This property looks like a bad Long-Term investment with a projected -10.89% first-year return on $70,497 initial cash invested.
-10.89%
Cash On Cash
4.83%
Cap Rate
0.71
DSCR
$1,968
Rent
-$640
Cashflow
Cash Flow
$1,968 income − $2,608 expenses = $640 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,497
Downpayment
20%
$67,140
Closing costs
1%
$3,357
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,968
Total Expenses
$2,608
Mortgage P&I
96%
$1,893
Property Taxes
4%
$85
Home Insurance
6%
$119
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0