This property looks like a bad Long-Term investment with a projected -16.64% first-year return on $70,749 initial cash invested.
-16.64%
Cash On Cash
3.26%
Cap Rate
0.51
DSCR
$1,746
Rent
-$981
Cashflow
Cash Flow
$1,746 income − $2,727 expenses = $981 out of pocket
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,749
Downpayment
20%
$67,380
Closing costs
1%
$3,369
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,746
Total Expenses
$2,727
Mortgage P&I
104%
$1,810
Property Taxes
20%
$348
Home Insurance
7%
$115
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0