This property looks like a bad Long-Term investment with a projected -10.7% first-year return on $66,150 initial cash invested.
-10.7%
Cash On Cash
4.7%
Cap Rate
0.72
DSCR
$2,174
Rent
-$590
Cashflow
Cash Flow
$2,174 income − $2,764 expenses = $590 out of pocket
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,150
Downpayment
20%
$63,000
Closing costs
1%
$3,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,174
Total Expenses
$2,764
Mortgage P&I
79%
$1,714
Property Taxes
17%
$375
Home Insurance
5%
$110
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$109
Vacancy
6%
$130
Maintenance
5%
$109
Other
0%
$0