This property looks like a bad Long-Term investment with a projected -14.67% first-year return on $69,279 initial cash invested.
-14.67%
Cash On Cash
3.99%
Cap Rate
0.6
DSCR
$2,012
Rent
-$847
Cashflow
Cash Flow
$2,012 income − $2,859 expenses = $847 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,012
Total Expenses
$2,859
Mortgage P&I
92%
$1,842
Property Taxes
19%
$377
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0