This property looks like a bad Long-Term investment with a projected -13.29% first-year return on $69,279 initial cash invested.
-13.29%
Cash On Cash
3.85%
Cap Rate
0.61
DSCR
$1,657
Rent
-$767
Cashflow
Cash Flow
$1,657 income − $2,424 expenses = $767 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.9%
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
$1,657
Total Expenses
$2,424
Mortgage P&I
105%
$1,742
Property Taxes
8%
$131
Home Insurance
7%
$120
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0