This property looks like a bad Long-Term investment with a projected -10.99% first-year return on $66,927 initial cash invested.
-10.99%
Cash On Cash
4.17%
Cap Rate
0.69
DSCR
$2,118
Rent
-$613
Cashflow
Cash Flow
$2,118 income − $2,731 expenses = $613 out of pocket
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,927
Downpayment
20%
$63,740
Closing costs
1%
$3,187
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,118
Total Expenses
$2,731
Mortgage P&I
76%
$1,615
Property Taxes
21%
$442
Home Insurance
5%
$114
HOA
0%
$9
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0