This property looks like a bad Long-Term investment with a projected -5.2% first-year return on $65,814 initial cash invested.
-5.2%
Cash On Cash
5.59%
Cap Rate
0.9
DSCR
$2,612
Rent
-$285
Cashflow
Cash Flow
$2,612 income − $2,897 expenses = $285 out of pocket
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,814
Downpayment
20%
$62,680
Closing costs
1%
$3,134
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,612
Total Expenses
$2,897
Mortgage P&I
62%
$1,613
Property Taxes
19%
$490
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$261
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0