This property looks like a bad Long-Term investment with a projected -18.95% first-year return on $66,549 initial cash invested.
-18.95%
Cash On Cash
2.95%
Cap Rate
0.44
DSCR
$1,427
Rent
-$1,051
Cashflow
Cash Flow
$1,427 income − $2,478 expenses = $1,051 out of pocket
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,549
Downpayment
20%
$63,380
Closing costs
1%
$3,169
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,427
Total Expenses
$2,478
Mortgage P&I
123%
$1,759
Property Taxes
17%
$236
Home Insurance
8%
$112
HOA
0%
$0
Property Management
10%
$143
CapEx
5%
$71
Vacancy
6%
$86
Maintenance
5%
$71
Other
0%
$0