This property looks like a bad Long-Term investment with a projected -13.63% first-year return on $63,651 initial cash invested.
-13.63%
Cash On Cash
4.01%
Cap Rate
0.61
DSCR
$1,756
Rent
-$723
Cashflow
Cash Flow
$1,756 income − $2,479 expenses = $723 out of pocket
Investment Breakdown
|
Purchase Price
$303k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,651
Downpayment
20%
$60,620
Closing costs
1%
$3,031
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,756
Total Expenses
$2,479
Mortgage P&I
94%
$1,648
Property Taxes
15%
$266
Home Insurance
6%
$108
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0