This property looks like a bad Long-Term investment with a projected -9.85% first-year return on $70,539 initial cash invested.
-9.85%
Cash On Cash
4.52%
Cap Rate
0.73
DSCR
$2,242
Rent
-$579
Cashflow
Cash Flow
$2,242 income − $2,821 expenses = $579 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,539
Downpayment
20%
$67,180
Closing costs
1%
$3,359
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,242
Total Expenses
$2,821
Mortgage P&I
77%
$1,731
Property Taxes
17%
$382
Home Insurance
5%
$121
HOA
0%
$4
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$135
Maintenance
5%
$112
Other
0%
$0