This property looks like a bad Long-Term investment with a projected -8.17% first-year return on $65,541 initial cash invested.
-8.17%
Cash On Cash
4.89%
Cap Rate
0.79
DSCR
$1,970
Rent
-$446
Cashflow
Cash Flow
$1,970 income − $2,416 expenses = $446 out of pocket
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,541
Downpayment
20%
$62,420
Closing costs
1%
$3,121
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,970
Total Expenses
$2,416
Mortgage P&I
82%
$1,619
Property Taxes
9%
$172
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0