This property looks like a bad Long-Term investment with a projected -14.19% first-year return on $69,279 initial cash invested.
-14.19%
Cash On Cash
3.45%
Cap Rate
0.56
DSCR
$1,750
Rent
-$819
Cashflow
Cash Flow
$1,750 income − $2,569 expenses = $819 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.6%
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
$1,750
Total Expenses
$2,569
Mortgage P&I
96%
$1,679
Property Taxes
18%
$318
Home Insurance
7%
$116
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0