This property looks like a bad Long-Term investment with a projected -9.13% first-year return on $65,961 initial cash invested.
-9.13%
Cash On Cash
4.97%
Cap Rate
0.77
DSCR
$2,266
Rent
-$502
Cashflow
Cash Flow
$2,266 income − $2,768 expenses = $502 out of pocket
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,961
Downpayment
20%
$62,820
Closing costs
1%
$3,141
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,266
Total Expenses
$2,768
Mortgage P&I
75%
$1,690
Property Taxes
13%
$290
Home Insurance
5%
$114
HOA
4%
$85
Property Management
10%
$227
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0