This property looks like a bad Long-Term investment with a projected -15.03% first-year return on $70,602 initial cash invested.
-15.03%
Cash On Cash
3.67%
Cap Rate
0.57
DSCR
$2,332
Rent
-$884
Cashflow
Cash Flow
$2,332 income − $3,216 expenses = $884 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,602
Downpayment
20%
$67,240
Closing costs
1%
$3,362
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,332
Total Expenses
$3,216
Mortgage P&I
77%
$1,796
Property Taxes
27%
$626
Home Insurance
6%
$140
HOA
2%
$47
Property Management
10%
$233
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0