This property looks like a bad Long-Term investment with a projected -10.86% first-year return on $69,279 initial cash invested.
-10.86%
Cash On Cash
4.26%
Cap Rate
0.69
DSCR
$1,828
Rent
-$627
Cashflow
Cash Flow
$1,828 income − $2,455 expenses = $627 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
$1,828
Total Expenses
$2,455
Mortgage P&I
93%
$1,706
Property Taxes
9%
$158
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$91
Vacancy
6%
$110
Maintenance
5%
$91
Other
0%
$0