This property looks like a bad Long-Term investment with a projected -11.79% first-year return on $69,216 initial cash invested.
-11.79%
Cash On Cash
4.41%
Cap Rate
0.68
DSCR
$2,114
Rent
-$680
Cashflow
Cash Flow
$2,114 income − $2,794 expenses = $680 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,216
Downpayment
20%
$65,920
Closing costs
1%
$3,296
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,114
Total Expenses
$2,794
Mortgage P&I
84%
$1,784
Property Taxes
16%
$344
Home Insurance
5%
$116
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0