This property looks like a bad Long-Term investment with a projected -21.77% first-year return on $70,497 initial cash invested.
-21.77%
Cash On Cash
2.12%
Cap Rate
0.33
DSCR
$1,359
Rent
-$1,279
Cashflow
Cash Flow
$1,359 income − $2,638 expenses = $1,279 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
$1,359
Total Expenses
$2,638
Mortgage P&I
133%
$1,804
Property Taxes
26%
$359
Home Insurance
9%
$121
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0