This property looks like a bad Long-Term investment with a projected -11.57% first-year return on $71,127 initial cash invested.
-11.57%
Cash On Cash
4.61%
Cap Rate
0.7
DSCR
$2,341
Rent
-$686
Cashflow
Cash Flow
$2,341 income − $3,027 expenses = $686 out of pocket
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,127
Downpayment
20%
$67,740
Closing costs
1%
$3,387
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,341
Total Expenses
$3,027
Mortgage P&I
80%
$1,871
Property Taxes
18%
$416
Home Insurance
5%
$119
HOA
1%
$13
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0