This property looks like a bad Long-Term investment with a projected -13.72% first-year return on $69,279 initial cash invested.
-13.72%
Cash On Cash
4.16%
Cap Rate
0.62
DSCR
$1,859
Rent
-$792
Cashflow
Cash Flow
$1,859 income − $2,651 expenses = $792 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,859
Total Expenses
$2,651
Mortgage P&I
99%
$1,843
Property Taxes
11%
$208
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0