This property looks like a bad Long-Term investment with a projected -11.63% first-year return on $68,502 initial cash invested.
-11.63%
Cash On Cash
4.27%
Cap Rate
0.67
DSCR
$2,042
Rent
-$664
Cashflow
Cash Flow
$2,042 income − $2,706 expenses = $664 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,502
Downpayment
20%
$65,240
Closing costs
1%
$3,262
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,042
Total Expenses
$2,706
Mortgage P&I
84%
$1,722
Property Taxes
17%
$337
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0