This property looks like a bad Long-Term investment with a projected -9.93% first-year return on $70,476 initial cash invested.
-9.93%
Cash On Cash
4.94%
Cap Rate
0.75
DSCR
$2,285
Rent
-$583
Cashflow
Cash Flow
$2,285 income − $2,868 expenses = $583 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,476
Downpayment
20%
$67,120
Closing costs
1%
$3,356
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,285
Total Expenses
$2,868
Mortgage P&I
81%
$1,850
Property Taxes
13%
$290
Home Insurance
6%
$135
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0