This property looks like a bad Long-Term investment with a projected -6.65% first-year return on $65,100 initial cash invested.
-6.65%
Cash On Cash
5.25%
Cap Rate
0.84
DSCR
$1,956
Rent
-$361
Cashflow
Cash Flow
$1,956 income − $2,317 expenses = $361 out of pocket
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,100
Downpayment
20%
$62,000
Closing costs
1%
$3,100
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,956
Total Expenses
$2,317
Mortgage P&I
83%
$1,620
Property Taxes
4%
$80
Home Insurance
6%
$108
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0