This property looks like a bad Long-Term investment with a projected -9.17% first-year return on $69,783 initial cash invested.
-9.17%
Cash On Cash
5.17%
Cap Rate
0.78
DSCR
$2,714
Rent
-$533
Cashflow
Cash Flow
$2,714 income − $3,247 expenses = $533 out of pocket
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,783
Downpayment
20%
$66,460
Closing costs
1%
$3,323
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,714
Total Expenses
$3,247
Mortgage P&I
67%
$1,829
Property Taxes
22%
$598
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$271
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0