This property looks like a bad Long-Term investment with a projected -11.82% first-year return on $67,536 initial cash invested.
-11.82%
Cash On Cash
4.36%
Cap Rate
0.67
DSCR
$1,726
Rent
-$665
Cashflow
Cash Flow
$1,726 income − $2,391 expenses = $665 out of pocket
Investment Breakdown
|
Purchase Price
$322k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,536
Downpayment
20%
$64,320
Closing costs
1%
$3,216
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,726
Total Expenses
$2,391
Mortgage P&I
101%
$1,748
Property Taxes
5%
$78
Home Insurance
7%
$116
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0