This property looks like a bad Long-Term investment with a projected -9.96% first-year return on $63,735 initial cash invested.
-9.96%
Cash On Cash
4.44%
Cap Rate
0.72
DSCR
$1,981
Rent
-$529
Cashflow
Cash Flow
$1,981 income − $2,510 expenses = $529 out of pocket
Investment Breakdown
|
Purchase Price
$304k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,735
Downpayment
20%
$60,700
Closing costs
1%
$3,035
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,981
Total Expenses
$2,510
Mortgage P&I
78%
$1,553
Property Taxes
15%
$301
Home Insurance
5%
$108
HOA
2%
$33
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0