This property looks like a bad Long-Term investment with a projected -5.95% first-year return on $70,329 initial cash invested.
-5.95%
Cash On Cash
5.3%
Cap Rate
0.87
DSCR
$2,385
Rent
-$349
Cashflow
Cash Flow
$2,385 income − $2,734 expenses = $349 out of pocket
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,329
Downpayment
20%
$66,980
Closing costs
1%
$3,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,385
Total Expenses
$2,734
Mortgage P&I
72%
$1,710
Property Taxes
12%
$288
Home Insurance
5%
$117
HOA
0%
$0
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0