This property looks like a bad Long-Term investment with a projected -10.08% first-year return on $66,654 initial cash invested.
-10.08%
Cash On Cash
4.87%
Cap Rate
0.74
DSCR
$2,153
Rent
-$560
Cashflow
Cash Flow
$2,153 income − $2,713 expenses = $560 out of pocket
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,654
Downpayment
20%
$63,480
Closing costs
1%
$3,174
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,153
Total Expenses
$2,713
Mortgage P&I
81%
$1,740
Property Taxes
14%
$292
Home Insurance
6%
$119
HOA
0%
$2
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0