This property looks like a bad Long-Term investment with a projected -8.92% first-year return on $69,279 initial cash invested.
-8.92%
Cash On Cash
5.14%
Cap Rate
0.78
DSCR
$2,349
Rent
-$515
Cashflow
Cash Flow
$2,349 income − $2,864 expenses = $515 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,349
Total Expenses
$2,864
Mortgage P&I
77%
$1,812
Property Taxes
14%
$326
Home Insurance
5%
$116
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0