This property looks like a bad Long-Term investment with a projected -8.66% first-year return on $69,867 initial cash invested.
-8.66%
Cash On Cash
5.29%
Cap Rate
0.79
DSCR
$2,183
Rent
-$504
Cashflow
Cash Flow
$2,183 income − $2,687 expenses = $504 out of pocket
Investment Breakdown
|
Purchase Price
$333k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,867
Downpayment
20%
$66,540
Closing costs
1%
$3,327
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,183
Total Expenses
$2,687
Mortgage P&I
85%
$1,861
Property Taxes
5%
$109
Home Insurance
5%
$119
HOA
1%
$31
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0