This property looks like a bad Long-Term investment with a projected -11.76% first-year return on $66,003 initial cash invested.
-11.76%
Cash On Cash
4.45%
Cap Rate
0.68
DSCR
$1,983
Rent
-$647
Cashflow
Cash Flow
$1,983 income − $2,630 expenses = $647 out of pocket
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,003
Downpayment
20%
$62,860
Closing costs
1%
$3,143
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,983
Total Expenses
$2,630
Mortgage P&I
86%
$1,714
Property Taxes
15%
$291
Home Insurance
6%
$110
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0