This property looks like a bad Long-Term investment with a projected -11.46% first-year return on $59,976 initial cash invested.
-11.46%
Cash On Cash
4.59%
Cap Rate
0.69
DSCR
$1,769
Rent
-$573
Cashflow
Cash Flow
$1,769 income − $2,342 expenses = $573 out of pocket
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,976
Downpayment
20%
$57,120
Closing costs
1%
$2,856
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,769
Total Expenses
$2,342
Mortgage P&I
89%
$1,578
Property Taxes
11%
$200
Home Insurance
6%
$105
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0