This property looks like a bad Long-Term investment with a projected -13.98% first-year return on $70,497 initial cash invested.
-13.98%
Cash On Cash
3.87%
Cap Rate
0.6
DSCR
$1,907
Rent
-$821
Cashflow
Cash Flow
$1,907 income − $2,728 expenses = $821 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,497
Downpayment
20%
$67,140
Closing costs
1%
$3,357
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,907
Total Expenses
$2,728
Mortgage P&I
95%
$1,809
Property Taxes
16%
$307
Home Insurance
6%
$117
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0