This property looks like a bad Long-Term investment with a projected -18.4% first-year return on $70,623 initial cash invested.
-18.4%
Cash On Cash
2.95%
Cap Rate
0.45
DSCR
$1,387
Rent
-$1,083
Cashflow
Cash Flow
$1,387 income − $2,470 expenses = $1,083 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,387
Total Expenses
$2,470
Mortgage P&I
133%
$1,841
Property Taxes
10%
$138
Home Insurance
9%
$131
HOA
0%
$0
Property Management
10%
$139
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0