This property looks like a bad Long-Term investment with a projected -6.1% first-year return on $68,628 initial cash invested.
-6.1%
Cash On Cash
5.38%
Cap Rate
0.86
DSCR
$2,127
Rent
-$349
Cashflow
Cash Flow
$2,127 income − $2,476 expenses = $349 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,628
Downpayment
20%
$65,360
Closing costs
1%
$3,268
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,127
Total Expenses
$2,476
Mortgage P&I
80%
$1,707
Property Taxes
5%
$101
Home Insurance
5%
$115
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$106
Vacancy
6%
$128
Maintenance
5%
$106
Other
0%
$0