This property looks like a bad Long-Term investment with a projected -11.28% first-year return on $70,455 initial cash invested.
-11.28%
Cash On Cash
4.16%
Cap Rate
0.67
DSCR
$1,986
Rent
-$662
Cashflow
Cash Flow
$1,986 income − $2,648 expenses = $662 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,455
Downpayment
20%
$67,100
Closing costs
1%
$3,355
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,986
Total Expenses
$2,648
Mortgage P&I
87%
$1,725
Property Taxes
15%
$302
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0