This property looks like a bad Long-Term investment with a projected -15.91% first-year return on $69,237 initial cash invested.
-15.91%
Cash On Cash
3.57%
Cap Rate
0.54
DSCR
$1,832
Rent
-$918
Cashflow
Cash Flow
$1,832 income − $2,750 expenses = $918 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,237
Downpayment
20%
$65,940
Closing costs
1%
$3,297
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,832
Total Expenses
$2,750
Mortgage P&I
99%
$1,806
Property Taxes
19%
$348
Home Insurance
7%
$119
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0