This property looks like a bad Long-Term investment with a projected -12.68% first-year return on $65,877 initial cash invested.
-12.68%
Cash On Cash
4.28%
Cap Rate
0.65
DSCR
$1,814
Rent
-$696
Cashflow
Cash Flow
$1,814 income − $2,510 expenses = $696 out of pocket
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,877
Downpayment
20%
$62,740
Closing costs
1%
$3,137
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,814
Total Expenses
$2,510
Mortgage P&I
95%
$1,724
Property Taxes
11%
$206
Home Insurance
6%
$108
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0