This property looks like a bad Long-Term investment with a projected -20.84% first-year return on $65,478 initial cash invested.
-20.84%
Cash On Cash
2.46%
Cap Rate
0.37
DSCR
$1,322
Rent
-$1,137
Cashflow
Cash Flow
$1,322 income − $2,459 expenses = $1,137 out of pocket
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,478
Downpayment
20%
$62,360
Closing costs
1%
$3,118
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,322
Total Expenses
$2,459
Mortgage P&I
129%
$1,711
Property Taxes
22%
$293
Home Insurance
8%
$112
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0