This property looks like a bad Long-Term investment with a projected -17.51% first-year return on $67,431 initial cash invested.
-17.51%
Cash On Cash
3.22%
Cap Rate
0.49
DSCR
$1,738
Rent
-$984
Cashflow
Cash Flow
$1,738 income − $2,722 expenses = $984 out of pocket
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,431
Downpayment
20%
$64,220
Closing costs
1%
$3,211
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,738
Total Expenses
$2,722
Mortgage P&I
101%
$1,758
Property Taxes
23%
$396
Home Insurance
7%
$116
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0