This property looks like a bad Long-Term investment with a projected -12.26% first-year return on $70,644 initial cash invested.
-12.26%
Cash On Cash
4.3%
Cap Rate
0.66
DSCR
$2,040
Rent
-$722
Cashflow
Cash Flow
$2,040 income − $2,762 expenses = $722 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,644
Downpayment
20%
$67,280
Closing costs
1%
$3,364
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,040
Total Expenses
$2,762
Mortgage P&I
90%
$1,826
Property Taxes
14%
$284
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0