This property looks like a bad Long-Term investment with a projected -12.03% first-year return on $67,746 initial cash invested.
-12.03%
Cash On Cash
4.35%
Cap Rate
0.66
DSCR
$1,731
Rent
-$679
Cashflow
Cash Flow
$1,731 income − $2,410 expenses = $679 out of pocket
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,746
Downpayment
20%
$64,520
Closing costs
1%
$3,226
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,731
Total Expenses
$2,410
Mortgage P&I
102%
$1,762
Property Taxes
5%
$81
Home Insurance
7%
$116
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0