This property looks like a bad Long-Term investment with a projected -13.6% first-year return on $70,308 initial cash invested.
-13.6%
Cash On Cash
3.99%
Cap Rate
0.61
DSCR
$1,680
Rent
-$797
Cashflow
Cash Flow
$1,680 income − $2,477 expenses = $797 out of pocket
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,308
Downpayment
20%
$66,960
Closing costs
1%
$3,348
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,680
Total Expenses
$2,477
Mortgage P&I
109%
$1,827
Property Taxes
6%
$94
Home Insurance
7%
$119
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0