This property looks like a bad Long-Term investment with a projected -10.4% first-year return on $71,169 initial cash invested.
-10.4%
Cash On Cash
4.34%
Cap Rate
0.7
DSCR
$1,848
Rent
-$617
Cashflow
Cash Flow
$1,848 income − $2,465 expenses = $617 out of pocket
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,169
Downpayment
20%
$67,780
Closing costs
1%
$3,389
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,848
Total Expenses
$2,465
Mortgage P&I
95%
$1,751
Property Taxes
6%
$111
Home Insurance
6%
$119
HOA
0%
$4
Property Management
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0