This property looks like a bad Long-Term investment with a projected -9.59% first-year return on $65,709 initial cash invested.
-9.59%
Cash On Cash
4.96%
Cap Rate
0.75
DSCR
$2,058
Rent
-$525
Cashflow
Cash Flow
$2,058 income − $2,583 expenses = $525 out of pocket
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,709
Downpayment
20%
$62,580
Closing costs
1%
$3,129
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,058
Total Expenses
$2,583
Mortgage P&I
83%
$1,715
Property Taxes
10%
$202
Home Insurance
5%
$110
HOA
1%
$21
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0