This property looks like a bad Long-Term investment with a projected -9.34% first-year return on $66,927 initial cash invested.
-9.34%
Cash On Cash
4.9%
Cap Rate
0.76
DSCR
$2,187
Rent
-$521
Cashflow
Cash Flow
$2,187 income − $2,708 expenses = $521 out of pocket
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,927
Downpayment
20%
$63,740
Closing costs
1%
$3,187
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,187
Total Expenses
$2,708
Mortgage P&I
78%
$1,713
Property Taxes
14%
$309
Home Insurance
5%
$118
HOA
0%
$0
Property Management
10%
$219
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0