This property looks like a bad Long-Term investment with a projected -12.29% first-year return on $71,190 initial cash invested.
-12.29%
Cash On Cash
3.89%
Cap Rate
0.64
DSCR
$1,959
Rent
-$729
Cashflow
Cash Flow
$1,959 income − $2,688 expenses = $729 out of pocket
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,190
Downpayment
20%
$67,800
Closing costs
1%
$3,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,959
Total Expenses
$2,688
Mortgage P&I
88%
$1,731
Property Taxes
17%
$328
Home Insurance
6%
$119
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0