This property looks like a bad Long-Term investment with a projected -17.91% first-year return on $69,279 initial cash invested.
-17.91%
Cash On Cash
3.19%
Cap Rate
0.48
DSCR
$1,670
Rent
-$1,034
Cashflow
Cash Flow
$1,670 income − $2,704 expenses = $1,034 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,670
Total Expenses
$2,704
Mortgage P&I
109%
$1,826
Property Taxes
20%
$327
Home Insurance
7%
$116
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0