This property looks like a bad Long-Term investment with a projected -7.65% first-year return on $68,418 initial cash invested.
-7.65%
Cash On Cash
5.35%
Cap Rate
0.82
DSCR
$2,517
Rent
-$436
Cashflow
Cash Flow
$2,517 income − $2,953 expenses = $436 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,517
Total Expenses
$2,953
Mortgage P&I
70%
$1,763
Property Taxes
16%
$395
Home Insurance
6%
$140
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0