This property looks like a bad Long-Term investment with a projected -21.34% first-year return on $66,255 initial cash invested.
-21.34%
Cash On Cash
1.97%
Cap Rate
0.32
DSCR
$1,538
Rent
-$1,178
Cashflow
Cash Flow
$1,538 income − $2,716 expenses = $1,178 out of pocket
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,255
Downpayment
20%
$63,100
Closing costs
1%
$3,155
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,538
Total Expenses
$2,716
Mortgage P&I
105%
$1,618
Property Taxes
37%
$576
Home Insurance
8%
$122
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0