This property looks like a bad Long-Term investment with a projected -12.56% first-year return on $70,686 initial cash invested.
-12.56%
Cash On Cash
3.9%
Cap Rate
0.63
DSCR
$1,721
Rent
-$740
Cashflow
Cash Flow
$1,721 income − $2,461 expenses = $740 out of pocket
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,686
Downpayment
20%
$67,320
Closing costs
1%
$3,366
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,721
Total Expenses
$2,461
Mortgage P&I
102%
$1,748
Property Taxes
5%
$82
Home Insurance
7%
$122
HOA
4%
$62
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0