This property looks like a bad Long-Term investment with a projected -9.44% first-year return on $69,909 initial cash invested.
-9.44%
Cash On Cash
4.99%
Cap Rate
0.76
DSCR
$2,468
Rent
-$550
Cashflow
Cash Flow
$2,468 income − $3,018 expenses = $550 out of pocket
Investment Breakdown
|
Purchase Price
$333k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,909
Downpayment
20%
$66,580
Closing costs
1%
$3,329
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,468
Total Expenses
$3,018
Mortgage P&I
73%
$1,812
Property Taxes
17%
$418
Home Insurance
6%
$147
HOA
0%
$0
Property Management
10%
$247
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0