This property looks like a bad Long-Term investment with a projected -13.97% first-year return on $66,654 initial cash invested.
-13.97%
Cash On Cash
4.09%
Cap Rate
0.61
DSCR
$1,967
Rent
-$776
Cashflow
Cash Flow
$1,967 income − $2,743 expenses = $776 out of pocket
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,654
Downpayment
20%
$63,480
Closing costs
1%
$3,174
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,967
Total Expenses
$2,743
Mortgage P&I
90%
$1,761
Property Taxes
18%
$359
Home Insurance
6%
$112
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0