This property looks like a bad Long-Term investment with a projected -11.57% first-year return on $69,279 initial cash invested.
-11.57%
Cash On Cash
4.54%
Cap Rate
0.69
DSCR
$1,983
Rent
-$668
Cashflow
Cash Flow
$1,983 income − $2,651 expenses = $668 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
$1,983
Total Expenses
$2,651
Mortgage P&I
92%
$1,816
Property Taxes
10%
$204
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0