This property looks like a bad Long-Term investment with a projected -8.73% first-year return on $60,039 initial cash invested.
-8.73%
Cash On Cash
4.88%
Cap Rate
0.77
DSCR
$1,738
Rent
-$437
Cashflow
Cash Flow
$1,738 income − $2,175 expenses = $437 out of pocket
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,039
Downpayment
20%
$57,180
Closing costs
1%
$2,859
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,738
Total Expenses
$2,175
Mortgage P&I
87%
$1,512
Property Taxes
7%
$113
Home Insurance
6%
$98
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0