This property looks like a bad Long-Term investment with a projected -18.97% first-year return on $70,350 initial cash invested.
-18.97%
Cash On Cash
3.11%
Cap Rate
0.45
DSCR
$1,382
Rent
-$1,112
Cashflow
Cash Flow
$1,382 income − $2,494 expenses = $1,112 out of pocket
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,350
Downpayment
20%
$67,000
Closing costs
1%
$3,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,382
Total Expenses
$2,494
Mortgage P&I
138%
$1,911
Property Taxes
8%
$107
Home Insurance
8%
$117
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0