This property looks like a bad Long-Term investment with a projected -12.48% first-year return on $70,392 initial cash invested.
-12.48%
Cash On Cash
4.14%
Cap Rate
0.64
DSCR
$1,780
Rent
-$732
Cashflow
Cash Flow
$1,780 income − $2,512 expenses = $732 out of pocket
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,392
Downpayment
20%
$67,040
Closing costs
1%
$3,352
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,780
Total Expenses
$2,512
Mortgage P&I
101%
$1,799
Property Taxes
7%
$128
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0