This property looks like a bad Long-Term investment with a projected -11.61% first-year return on $63,273 initial cash invested.
-11.61%
Cash On Cash
4.46%
Cap Rate
0.68
DSCR
$1,896
Rent
-$612
Cashflow
Cash Flow
$1,896 income − $2,508 expenses = $612 out of pocket
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,273
Downpayment
20%
$60,260
Closing costs
1%
$3,013
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,896
Total Expenses
$2,508
Mortgage P&I
86%
$1,638
Property Taxes
13%
$240
Home Insurance
5%
$103
HOA
2%
$33
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0