This property looks like a bad Long-Term investment with a projected -21.69% first-year return on $60,522 initial cash invested.
-21.69%
Cash On Cash
1.82%
Cap Rate
0.29
DSCR
$837
Rent
-$1,094
Cashflow
Cash Flow
$837 income − $1,931 expenses = $1,094 out of pocket
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,522
Downpayment
20%
$57,640
Closing costs
1%
$2,882
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$837
Total Expenses
$1,931
Mortgage P&I
178%
$1,489
Property Taxes
11%
$89
Home Insurance
16%
$135
HOA
0%
$0
Property Management
10%
$84
CapEx
5%
$42
Vacancy
6%
$50
Maintenance
5%
$42
Other
0%
$0