This property looks like a bad Long-Term investment with a projected -13.32% first-year return on $70,476 initial cash invested.
-13.32%
Cash On Cash
3.95%
Cap Rate
0.61
DSCR
$1,652
Rent
-$782
Cashflow
Cash Flow
$1,652 income − $2,434 expenses = $782 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,476
Downpayment
20%
$67,120
Closing costs
1%
$3,356
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,652
Total Expenses
$2,434
Mortgage P&I
109%
$1,803
Property Taxes
3%
$52
Home Insurance
7%
$122
HOA
2%
$27
Property Management
10%
$165
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0