This property looks like a bad Long-Term investment with a projected -15.33% first-year return on $69,279 initial cash invested.
-15.33%
Cash On Cash
3.6%
Cap Rate
0.55
DSCR
$1,421
Rent
-$885
Cashflow
Cash Flow
$1,421 income − $2,306 expenses = $885 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,421
Total Expenses
$2,306
Mortgage P&I
127%
$1,803
Property Taxes
1%
$18
Home Insurance
8%
$116
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0