This property looks like a bad Long-Term investment with a projected -10.58% first-year return on $65,919 initial cash invested.
-10.58%
Cash On Cash
4.86%
Cap Rate
0.73
DSCR
$2,155
Rent
-$581
Cashflow
Cash Flow
$2,155 income − $2,736 expenses = $581 out of pocket
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,919
Downpayment
20%
$62,780
Closing costs
1%
$3,139
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,155
Total Expenses
$2,736
Mortgage P&I
81%
$1,745
Property Taxes
14%
$302
Home Insurance
5%
$110
HOA
1%
$18
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0