This property looks like a bad Long-Term investment with a projected -12.53% first-year return on $66,444 initial cash invested.
-12.53%
Cash On Cash
4.34%
Cap Rate
0.65
DSCR
$1,819
Rent
-$694
Cashflow
Cash Flow
$1,819 income − $2,513 expenses = $694 out of pocket
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,444
Downpayment
20%
$63,280
Closing costs
1%
$3,164
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,819
Total Expenses
$2,513
Mortgage P&I
96%
$1,746
Property Taxes
10%
$182
Home Insurance
6%
$112
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0