This property looks like a bad Long-Term investment with a projected -12.26% first-year return on $69,216 initial cash invested.
-12.26%
Cash On Cash
4.29%
Cap Rate
0.66
DSCR
$2,186
Rent
-$707
Cashflow
Cash Flow
$2,186 income − $2,893 expenses = $707 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,216
Downpayment
20%
$65,920
Closing costs
1%
$3,296
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,186
Total Expenses
$2,893
Mortgage P&I
81%
$1,776
Property Taxes
8%
$176
Home Insurance
5%
$116
HOA
12%
$257
Property Management
10%
$219
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0