This property looks like a bad Long-Term investment with a projected -14.48% first-year return on $70,287 initial cash invested.
-14.48%
Cash On Cash
4.11%
Cap Rate
0.61
DSCR
$2,371
Rent
-$848
Cashflow
Cash Flow
$2,371 income − $3,219 expenses = $848 out of pocket
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,287
Downpayment
20%
$66,940
Closing costs
1%
$3,347
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,371
Total Expenses
$3,219
Mortgage P&I
79%
$1,876
Property Taxes
25%
$582
Home Insurance
5%
$119
HOA
1%
$25
Property Management
10%
$237
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0