This property looks like a bad Long-Term investment with a projected -10.73% first-year return on $70,329 initial cash invested.
-10.73%
Cash On Cash
4.19%
Cap Rate
0.69
DSCR
$1,877
Rent
-$629
Cashflow
Cash Flow
$1,877 income − $2,506 expenses = $629 out of pocket
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,329
Downpayment
20%
$66,980
Closing costs
1%
$3,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,877
Total Expenses
$2,506
Mortgage P&I
91%
$1,705
Property Taxes
9%
$176
Home Insurance
6%
$118
HOA
1%
$18
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0