This property looks like a bad Long-Term investment with a projected -7.27% first-year return on $68,712 initial cash invested.
-7.27%
Cash On Cash
5.08%
Cap Rate
0.82
DSCR
$2,231
Rent
-$416
Cashflow
Cash Flow
$2,231 income − $2,647 expenses = $416 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,712
Downpayment
20%
$65,440
Closing costs
1%
$3,272
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,231
Total Expenses
$2,647
Mortgage P&I
76%
$1,690
Property Taxes
12%
$260
Home Insurance
5%
$116
HOA
0%
$0
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0