This property looks like a bad Long-Term investment with a projected -9.81% first-year return on $68,523 initial cash invested.
-9.81%
Cash On Cash
4.91%
Cap Rate
0.75
DSCR
$2,113
Rent
-$560
Cashflow
Cash Flow
$2,113 income − $2,673 expenses = $560 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,523
Downpayment
20%
$65,260
Closing costs
1%
$3,263
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,113
Total Expenses
$2,673
Mortgage P&I
85%
$1,789
Property Taxes
9%
$189
Home Insurance
7%
$145
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0