This property looks like a bad Long-Term investment with a projected -9.92% first-year return on $69,069 initial cash invested.
-9.92%
Cash On Cash
4.72%
Cap Rate
0.74
DSCR
$2,342
Rent
-$571
Cashflow
Cash Flow
$2,342 income − $2,913 expenses = $571 out of pocket
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,069
Downpayment
20%
$65,780
Closing costs
1%
$3,289
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,342
Total Expenses
$2,913
Mortgage P&I
75%
$1,749
Property Taxes
18%
$411
Home Insurance
6%
$144
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0