This property looks like a bad Long-Term investment with a projected -11.11% first-year return on $62,979 initial cash invested.
-11.11%
Cash On Cash
4.58%
Cap Rate
0.71
DSCR
$2,107
Rent
-$583
Cashflow
Cash Flow
$2,107 income − $2,690 expenses = $583 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,107
Total Expenses
$2,690
Mortgage P&I
77%
$1,622
Property Taxes
20%
$416
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0