This property looks like a bad Long-Term investment with a projected -12.47% first-year return on $65,268 initial cash invested.
-12.47%
Cash On Cash
4.34%
Cap Rate
0.66
DSCR
$1,807
Rent
-$678
Cashflow
Cash Flow
$1,807 income − $2,485 expenses = $678 out of pocket
Investment Breakdown
|
Purchase Price
$311k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,268
Downpayment
20%
$62,160
Closing costs
1%
$3,108
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,807
Total Expenses
$2,485
Mortgage P&I
95%
$1,713
Property Taxes
6%
$102
Home Insurance
6%
$109
HOA
5%
$92
Property Management
10%
$181
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0