This property looks like a bad Long-Term investment with a projected -8.61% first-year return on $65,751 initial cash invested.
-8.61%
Cash On Cash
4.72%
Cap Rate
0.76
DSCR
$1,762
Rent
-$472
Cashflow
Cash Flow
$1,762 income − $2,234 expenses = $472 out of pocket
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,751
Downpayment
20%
$62,620
Closing costs
1%
$3,131
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,762
Total Expenses
$2,234
Mortgage P&I
92%
$1,616
Property Taxes
3%
$46
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0