This property looks like a bad Long-Term investment with a projected -11.85% first-year return on $69,279 initial cash invested.
-11.85%
Cash On Cash
4.13%
Cap Rate
0.66
DSCR
$1,925
Rent
-$684
Cashflow
Cash Flow
$1,925 income − $2,609 expenses = $684 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,925
Total Expenses
$2,609
Mortgage P&I
90%
$1,723
Property Taxes
14%
$270
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$116
Maintenance
5%
$96
Other
0%
$0