This property looks like a bad Long-Term investment with a projected -8.62% first-year return on $70,854 initial cash invested.
-8.62%
Cash On Cash
5.32%
Cap Rate
0.81
DSCR
$2,938
Rent
-$509
Cashflow
Cash Flow
$2,938 income − $3,447 expenses = $509 out of pocket
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,854
Downpayment
20%
$67,480
Closing costs
1%
$3,374
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,938
Total Expenses
$3,447
Mortgage P&I
63%
$1,859
Property Taxes
24%
$704
Home Insurance
4%
$120
HOA
0%
$0
Property Management
10%
$294
CapEx
5%
$147
Vacancy
6%
$176
Maintenance
5%
$147
Other
0%
$0