This property looks like a bad Long-Term investment with a projected -12.46% first-year return on $69,930 initial cash invested.
-12.46%
Cash On Cash
4.13%
Cap Rate
0.64
DSCR
$1,849
Rent
-$726
Cashflow
Cash Flow
$1,849 income − $2,575 expenses = $726 out of pocket
Investment Breakdown
|
Purchase Price
$333k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,930
Downpayment
20%
$66,600
Closing costs
1%
$3,330
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,849
Total Expenses
$2,575
Mortgage P&I
96%
$1,780
Property Taxes
10%
$194
Home Insurance
7%
$121
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0