This property looks like a bad Long-Term investment with a projected -18.95% first-year return on $69,279 initial cash invested.
-18.95%
Cash On Cash
2.59%
Cap Rate
0.41
DSCR
$1,283
Rent
-$1,094
Cashflow
Cash Flow
$1,283 income − $2,377 expenses = $1,094 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.9%
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
$1,283
Total Expenses
$2,377
Mortgage P&I
136%
$1,743
Property Taxes
14%
$185
Home Insurance
9%
$116
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0