This property looks like a bad Long-Term investment with a projected -9.64% first-year return on $71,232 initial cash invested.
-9.64%
Cash On Cash
4.79%
Cap Rate
0.74
DSCR
$2,070
Rent
-$572
Cashflow
Cash Flow
$2,070 income − $2,642 expenses = $572 out of pocket
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,232
Downpayment
20%
$67,840
Closing costs
1%
$3,392
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,070
Total Expenses
$2,642
Mortgage P&I
88%
$1,822
Property Taxes
7%
$137
Home Insurance
7%
$144
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0