This property looks like a bad Long-Term investment with a projected -11.05% first-year return on $69,195 initial cash invested.
-11.05%
Cash On Cash
4.45%
Cap Rate
0.69
DSCR
$1,792
Rent
-$637
Cashflow
Cash Flow
$1,792 income − $2,429 expenses = $637 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,195
Downpayment
20%
$65,900
Closing costs
1%
$3,295
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,792
Total Expenses
$2,429
Mortgage P&I
99%
$1,768
Property Taxes
4%
$79
Home Insurance
6%
$115
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0