This property looks like a bad Long-Term investment with a projected -9.87% first-year return on $62,979 initial cash invested.
-9.87%
Cash On Cash
4.46%
Cap Rate
0.72
DSCR
$1,759
Rent
-$518
Cashflow
Cash Flow
$1,759 income − $2,277 expenses = $518 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,759
Total Expenses
$2,277
Mortgage P&I
88%
$1,544
Property Taxes
10%
$170
Home Insurance
6%
$105
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0