This property looks like a bad Long-Term investment with a projected -10.37% first-year return on $62,979 initial cash invested.
-10.37%
Cash On Cash
4.77%
Cap Rate
0.72
DSCR
$1,726
Rent
-$544
Cashflow
Cash Flow
$1,726 income − $2,270 expenses = $544 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,726
Total Expenses
$2,270
Mortgage P&I
96%
$1,649
Property Taxes
4%
$67
Home Insurance
6%
$105
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0