This property looks like a bad Long-Term investment with a projected -13.93% first-year return on $69,279 initial cash invested.
-13.93%
Cash On Cash
3.47%
Cap Rate
0.57
DSCR
$1,486
Rent
-$804
Cashflow
Cash Flow
$1,486 income − $2,290 expenses = $804 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.6%
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
$1,486
Total Expenses
$2,290
Mortgage P&I
113%
$1,684
Property Taxes
7%
$104
Home Insurance
8%
$116
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0