This property looks like a bad Long-Term investment with a projected -5.27% first-year return on $66,549 initial cash invested.
-5.27%
Cash On Cash
5.36%
Cap Rate
0.88
DSCR
$2,099
Rent
-$292
Cashflow
Cash Flow
$2,099 income − $2,391 expenses = $292 out of pocket
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,549
Downpayment
20%
$63,380
Closing costs
1%
$3,169
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,099
Total Expenses
$2,391
Mortgage P&I
76%
$1,602
Property Taxes
6%
$132
Home Insurance
5%
$111
HOA
0%
$0
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0