This property looks like a bad Long-Term investment with a projected -9.95% first-year return on $69,972 initial cash invested.
-9.95%
Cash On Cash
4.69%
Cap Rate
0.73
DSCR
$2,167
Rent
-$580
Cashflow
Cash Flow
$2,167 income − $2,747 expenses = $580 out of pocket
Investment Breakdown
|
Purchase Price
$333k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,972
Downpayment
20%
$66,640
Closing costs
1%
$3,332
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,167
Total Expenses
$2,747
Mortgage P&I
82%
$1,773
Property Taxes
13%
$282
Home Insurance
5%
$119
HOA
0%
$10
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0