This property looks like a bad Long-Term investment with a projected -5.29% first-year return on $70,287 initial cash invested.
-5.29%
Cash On Cash
5.76%
Cap Rate
0.9
DSCR
$2,729
Rent
-$310
Cashflow
Cash Flow
$2,729 income − $3,039 expenses = $310 out of pocket
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,287
Downpayment
20%
$66,940
Closing costs
1%
$3,347
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,729
Total Expenses
$3,039
Mortgage P&I
65%
$1,781
Property Taxes
16%
$428
Home Insurance
4%
$119
HOA
0%
$2
Property Management
10%
$273
CapEx
5%
$136
Vacancy
6%
$164
Maintenance
5%
$136
Other
0%
$0