This property looks like a bad Long-Term investment with a projected -7.26% first-year return on $70,266 initial cash invested.
-7.26%
Cash On Cash
5.43%
Cap Rate
0.83
DSCR
$2,457
Rent
-$425
Cashflow
Cash Flow
$2,457 income − $2,882 expenses = $425 out of pocket
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,266
Downpayment
20%
$66,920
Closing costs
1%
$3,346
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,457
Total Expenses
$2,882
Mortgage P&I
74%
$1,816
Property Taxes
12%
$305
Home Insurance
5%
$122
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$147
Maintenance
5%
$123
Other
0%
$0