This property looks like a bad Long-Term investment with a projected -10.99% first-year return on $71,085 initial cash invested.
-10.99%
Cash On Cash
4.57%
Cap Rate
0.7
DSCR
$1,935
Rent
-$651
Cashflow
Cash Flow
$1,935 income − $2,586 expenses = $651 out of pocket
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,085
Downpayment
20%
$67,700
Closing costs
1%
$3,385
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,935
Total Expenses
$2,586
Mortgage P&I
95%
$1,843
Property Taxes
6%
$120
Home Insurance
6%
$119
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0