This property looks like a bad Long-Term investment with a projected -9.81% first-year return on $71,169 initial cash invested.
-9.81%
Cash On Cash
4.56%
Cap Rate
0.73
DSCR
$2,029
Rent
-$582
Cashflow
Cash Flow
$2,029 income − $2,611 expenses = $582 out of pocket
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,169
Downpayment
20%
$67,780
Closing costs
1%
$3,389
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,029
Total Expenses
$2,611
Mortgage P&I
87%
$1,770
Property Taxes
9%
$192
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$101
Vacancy
6%
$122
Maintenance
5%
$101
Other
0%
$0