This property looks like a bad Long-Term investment with a projected -6.78% first-year return on $65,982 initial cash invested.
-6.78%
Cash On Cash
5.43%
Cap Rate
0.84
DSCR
$2,104
Rent
-$373
Cashflow
Cash Flow
$2,104 income − $2,477 expenses = $373 out of pocket
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,982
Downpayment
20%
$62,840
Closing costs
1%
$3,142
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,104
Total Expenses
$2,477
Mortgage P&I
80%
$1,690
Property Taxes
7%
$140
Home Insurance
5%
$101
HOA
0%
$0
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0