This property looks like a bad Long-Term investment with a projected -12.52% first-year return on $65,079 initial cash invested.
-12.52%
Cash On Cash
3.82%
Cap Rate
0.63
DSCR
$1,912
Rent
-$679
Cashflow
Cash Flow
$1,912 income − $2,591 expenses = $679 out of pocket
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,079
Downpayment
20%
$61,980
Closing costs
1%
$3,099
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,912
Total Expenses
$2,591
Mortgage P&I
82%
$1,570
Property Taxes
16%
$308
Home Insurance
6%
$110
HOA
5%
$105
Property Management
10%
$191
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0