This property looks like a bad Long-Term investment with a projected -13.49% first-year return on $70,161 initial cash invested.
-13.49%
Cash On Cash
3.56%
Cap Rate
0.58
DSCR
$1,697
Rent
-$789
Cashflow
Cash Flow
$1,697 income − $2,486 expenses = $789 out of pocket
Investment Breakdown
|
Purchase Price
$334k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,161
Downpayment
20%
$66,820
Closing costs
1%
$3,341
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,697
Total Expenses
$2,486
Mortgage P&I
100%
$1,694
Property Taxes
13%
$224
Home Insurance
7%
$126
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0