This property looks like a bad Long-Term investment with a projected -15.67% first-year return on $65,856 initial cash invested.
-15.67%
Cash On Cash
3.35%
Cap Rate
0.53
DSCR
$1,566
Rent
-$860
Cashflow
Cash Flow
$1,566 income − $2,426 expenses = $860 out of pocket
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,856
Downpayment
20%
$62,720
Closing costs
1%
$3,136
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,566
Total Expenses
$2,426
Mortgage P&I
106%
$1,657
Property Taxes
16%
$250
Home Insurance
7%
$112
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0