This property looks like a bad Long-Term investment with a projected -6% first-year return on $68,607 initial cash invested.
-6%
Cash On Cash
5.65%
Cap Rate
0.87
DSCR
$2,236
Rent
-$343
Cashflow
Cash Flow
$2,236 income − $2,579 expenses = $343 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,607
Downpayment
20%
$65,340
Closing costs
1%
$3,267
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,236
Total Expenses
$2,579
Mortgage P&I
79%
$1,768
Property Taxes
5%
$112
Home Insurance
5%
$117
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0