This property looks like a bad Long-Term investment with a projected -11.59% first-year return on $59,829 initial cash invested.
-11.59%
Cash On Cash
4.46%
Cap Rate
0.69
DSCR
$1,896
Rent
-$578
Cashflow
Cash Flow
$1,896 income − $2,474 expenses = $578 out of pocket
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,829
Downpayment
20%
$56,980
Closing costs
1%
$2,849
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,896
Total Expenses
$2,474
Mortgage P&I
81%
$1,541
Property Taxes
18%
$339
Home Insurance
5%
$100
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0