This property looks like a bad Long-Term investment with a projected -10.43% first-year return on $69,279 initial cash invested.
-10.43%
Cash On Cash
4.3%
Cap Rate
0.7
DSCR
$1,777
Rent
-$602
Cashflow
Cash Flow
$1,777 income − $2,379 expenses = $602 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,777
Total Expenses
$2,379
Mortgage P&I
95%
$1,695
Property Taxes
5%
$87
Home Insurance
7%
$116
HOA
1%
$18
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0