This property looks like a bad Long-Term investment with a projected -12.88% first-year return on $70,224 initial cash invested.
-12.88%
Cash On Cash
4.06%
Cap Rate
0.63
DSCR
$1,726
Rent
-$754
Cashflow
Cash Flow
$1,726 income − $2,480 expenses = $754 out of pocket
Investment Breakdown
|
Purchase Price
$334k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,224
Downpayment
20%
$66,880
Closing costs
1%
$3,344
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,726
Total Expenses
$2,480
Mortgage P&I
104%
$1,799
Property Taxes
7%
$113
Home Insurance
7%
$119
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0