This property looks like a bad Long-Term investment with a projected -12.96% first-year return on $69,279 initial cash invested.
-12.96%
Cash On Cash
4.11%
Cap Rate
0.63
DSCR
$1,702
Rent
-$748
Cashflow
Cash Flow
$1,702 income − $2,450 expenses = $748 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,702
Total Expenses
$2,450
Mortgage P&I
105%
$1,793
Property Taxes
3%
$57
Home Insurance
7%
$116
HOA
2%
$42
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0