This property looks like a bad Long-Term investment with a projected -10.65% first-year return on $70,392 initial cash invested.
-10.65%
Cash On Cash
4.87%
Cap Rate
0.73
DSCR
$2,217
Rent
-$625
Cashflow
Cash Flow
$2,217 income − $2,842 expenses = $625 out of pocket
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,392
Downpayment
20%
$67,040
Closing costs
1%
$3,352
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,217
Total Expenses
$2,842
Mortgage P&I
84%
$1,873
Property Taxes
12%
$273
Home Insurance
5%
$119
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0