This property looks like a bad Long-Term investment with a projected -14.81% first-year return on $69,279 initial cash invested.
-14.81%
Cash On Cash
3.39%
Cap Rate
0.55
DSCR
$1,765
Rent
-$855
Cashflow
Cash Flow
$1,765 income − $2,620 expenses = $855 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,765
Total Expenses
$2,620
Mortgage P&I
96%
$1,700
Property Taxes
20%
$346
Home Insurance
7%
$116
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0