This property looks like a bad Long-Term investment with a projected -8.79% first-year return on $63,231 initial cash invested.
-8.79%
Cash On Cash
4.79%
Cap Rate
0.77
DSCR
$1,950
Rent
-$463
Cashflow
Cash Flow
$1,950 income − $2,413 expenses = $463 out of pocket
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,231
Downpayment
20%
$60,220
Closing costs
1%
$3,011
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,950
Total Expenses
$2,413
Mortgage P&I
80%
$1,568
Property Taxes
12%
$229
Home Insurance
6%
$108
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0