This property looks like a bad Long-Term investment with a projected -12.96% first-year return on $69,342 initial cash invested.
-12.96%
Cash On Cash
4.26%
Cap Rate
0.64
DSCR
$1,780
Rent
-$749
Cashflow
Cash Flow
$1,780 income − $2,529 expenses = $749 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,342
Downpayment
20%
$66,040
Closing costs
1%
$3,302
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,780
Total Expenses
$2,529
Mortgage P&I
103%
$1,833
Property Taxes
6%
$114
Home Insurance
7%
$119
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0