This property looks like a bad Long-Term investment with a projected -8.52% first-year return on $66,507 initial cash invested.
-8.52%
Cash On Cash
4.98%
Cap Rate
0.78
DSCR
$2,053
Rent
-$472
Cashflow
Cash Flow
$2,053 income − $2,525 expenses = $472 out of pocket
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,507
Downpayment
20%
$63,340
Closing costs
1%
$3,167
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,053
Total Expenses
$2,525
Mortgage P&I
82%
$1,683
Property Taxes
9%
$192
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0