This property looks like a bad Long-Term investment with a projected -13.96% first-year return on $68,418 initial cash invested.
-13.96%
Cash On Cash
3.76%
Cap Rate
0.59
DSCR
$1,750
Rent
-$796
Cashflow
Cash Flow
$1,750 income − $2,546 expenses = $796 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,418
Downpayment
20%
$65,160
Closing costs
1%
$3,258
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,750
Total Expenses
$2,546
Mortgage P&I
99%
$1,728
Property Taxes
13%
$231
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0