This property looks like a bad Long-Term investment with a projected -19.37% first-year return on $69,384 initial cash invested.
-19.37%
Cash On Cash
2.97%
Cap Rate
0.44
DSCR
$1,955
Rent
-$1,120
Cashflow
Cash Flow
$1,955 income − $3,075 expenses = $1,120 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,384
Downpayment
20%
$66,080
Closing costs
1%
$3,304
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,955
Total Expenses
$3,075
Mortgage P&I
94%
$1,840
Property Taxes
30%
$582
Home Insurance
7%
$144
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0