This property looks like a bad Long-Term investment with a projected -16.1% first-year return on $69,699 initial cash invested.
-16.1%
Cash On Cash
3.48%
Cap Rate
0.53
DSCR
$1,813
Rent
-$935
Cashflow
Cash Flow
$1,813 income − $2,748 expenses = $935 out of pocket
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,699
Downpayment
20%
$66,380
Closing costs
1%
$3,319
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,813
Total Expenses
$2,748
Mortgage P&I
100%
$1,806
Property Taxes
19%
$352
Home Insurance
7%
$118
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0