This property looks like a bad Long-Term investment with a projected -10.52% first-year return on $68,103 initial cash invested.
-10.52%
Cash On Cash
4.73%
Cap Rate
0.72
DSCR
$1,986
Rent
-$597
Cashflow
Cash Flow
$1,986 income − $2,583 expenses = $597 out of pocket
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,103
Downpayment
20%
$64,860
Closing costs
1%
$3,243
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,986
Total Expenses
$2,583
Mortgage P&I
89%
$1,777
Property Taxes
5%
$95
Home Insurance
5%
$105
HOA
5%
$90
Property Management
10%
$199
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0