This property looks like a bad Long-Term investment with a projected -15.18% first-year return on $64,911 initial cash invested.
-15.18%
Cash On Cash
3.4%
Cap Rate
0.54
DSCR
$1,447
Rent
-$821
Cashflow
Cash Flow
$1,447 income − $2,268 expenses = $821 out of pocket
Investment Breakdown
|
Purchase Price
$309k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,911
Downpayment
20%
$61,820
Closing costs
1%
$3,091
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,447
Total Expenses
$2,268
Mortgage P&I
112%
$1,624
Property Taxes
11%
$154
Home Insurance
8%
$114
HOA
0%
$0
Property Management
10%
$145
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0