This property looks like a bad Long-Term investment with a projected -18.15% first-year return on $69,237 initial cash invested.
-18.15%
Cash On Cash
3.17%
Cap Rate
0.48
DSCR
$1,831
Rent
-$1,047
Cashflow
Cash Flow
$1,831 income − $2,878 expenses = $1,047 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,237
Downpayment
20%
$65,940
Closing costs
1%
$3,297
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,831
Total Expenses
$2,878
Mortgage P&I
100%
$1,825
Property Taxes
24%
$431
Home Insurance
5%
$100
HOA
2%
$45
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0