This property looks like a bad Long-Term investment with a projected -11.17% first-year return on $68,649 initial cash invested.
-11.17%
Cash On Cash
4.19%
Cap Rate
0.68
DSCR
$1,930
Rent
-$639
Cashflow
Cash Flow
$1,930 income − $2,569 expenses = $639 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,649
Downpayment
20%
$65,380
Closing costs
1%
$3,269
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,930
Total Expenses
$2,569
Mortgage P&I
87%
$1,684
Property Taxes
14%
$269
Home Insurance
6%
$115
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$96
Vacancy
6%
$116
Maintenance
5%
$96
Other
0%
$0