This property looks like a bad Long-Term investment with a projected -6.15% first-year return on $69,846 initial cash invested.
-6.15%
Cash On Cash
5.81%
Cap Rate
0.87
DSCR
$2,419
Rent
-$358
Cashflow
Cash Flow
$2,419 income − $2,777 expenses = $358 out of pocket
Investment Breakdown
|
Purchase Price
$333k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,846
Downpayment
20%
$66,520
Closing costs
1%
$3,326
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,419
Total Expenses
$2,777
Mortgage P&I
76%
$1,847
Property Taxes
7%
$170
Home Insurance
5%
$121
HOA
0%
$10
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0