This property looks like a bad Long-Term investment with a projected -13.72% first-year return on $67,452 initial cash invested.
-13.72%
Cash On Cash
4.06%
Cap Rate
0.61
DSCR
$1,768
Rent
-$771
Cashflow
Cash Flow
$1,768 income − $2,539 expenses = $771 out of pocket
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,452
Downpayment
20%
$64,240
Closing costs
1%
$3,212
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,768
Total Expenses
$2,539
Mortgage P&I
100%
$1,769
Property Taxes
6%
$108
Home Insurance
7%
$116
HOA
5%
$87
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0