This property looks like a bad Long-Term investment with a projected -22.28% first-year return on $69,279 initial cash invested.
-22.28%
Cash On Cash
1.71%
Cap Rate
0.28
DSCR
$1,128
Rent
-$1,286
Cashflow
Cash Flow
$1,128 income − $2,414 expenses = $1,286 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,128
Total Expenses
$2,414
Mortgage P&I
151%
$1,701
Property Taxes
27%
$304
Home Insurance
10%
$116
HOA
0%
$0
Property Management
10%
$113
CapEx
5%
$56
Vacancy
6%
$68
Maintenance
5%
$56
Other
0%
$0