This property looks like a bad Long-Term investment with a projected -13.81% first-year return on $70,623 initial cash invested.
-13.81%
Cash On Cash
3.73%
Cap Rate
0.59
DSCR
$1,560
Rent
-$813
Cashflow
Cash Flow
$1,560 income − $2,373 expenses = $813 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,623
Downpayment
20%
$67,260
Closing costs
1%
$3,363
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,560
Total Expenses
$2,373
Mortgage P&I
114%
$1,779
Property Taxes
4%
$66
Home Insurance
8%
$122
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0