This property looks like a bad Long-Term investment with a projected -18.78% first-year return on $69,762 initial cash invested.
-18.78%
Cash On Cash
2.52%
Cap Rate
0.41
DSCR
$1,532
Rent
-$1,092
Cashflow
Cash Flow
$1,532 income − $2,624 expenses = $1,092 out of pocket
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,762
Downpayment
20%
$66,440
Closing costs
1%
$3,322
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,532
Total Expenses
$2,624
Mortgage P&I
112%
$1,712
Property Taxes
26%
$391
Home Insurance
8%
$122
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0