This property looks like a bad Long-Term investment with a projected -11.8% first-year return on $61,236 initial cash invested.
-11.8%
Cash On Cash
4.56%
Cap Rate
0.68
DSCR
$1,735
Rent
-$602
Cashflow
Cash Flow
$1,735 income − $2,337 expenses = $602 out of pocket
Investment Breakdown
|
Purchase Price
$292k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,236
Downpayment
20%
$58,320
Closing costs
1%
$2,916
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,735
Total Expenses
$2,337
Mortgage P&I
93%
$1,622
Property Taxes
9%
$158
Home Insurance
6%
$105
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0