This property looks like a bad Long-Term investment with a projected -15.14% first-year return on $70,560 initial cash invested.
-15.14%
Cash On Cash
3.71%
Cap Rate
0.56
DSCR
$1,746
Rent
-$890
Cashflow
Cash Flow
$1,746 income − $2,636 expenses = $890 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,560
Downpayment
20%
$67,200
Closing costs
1%
$3,360
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,746
Total Expenses
$2,636
Mortgage P&I
105%
$1,841
Property Taxes
13%
$222
Home Insurance
7%
$119
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0