This property looks like a bad Long-Term investment with a projected -13.72% first-year return on $68,670 initial cash invested.
-13.72%
Cash On Cash
4.13%
Cap Rate
0.62
DSCR
$2,082
Rent
-$785
Cashflow
Cash Flow
$2,082 income − $2,867 expenses = $785 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,670
Downpayment
20%
$65,400
Closing costs
1%
$3,270
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,082
Total Expenses
$2,867
Mortgage P&I
87%
$1,807
Property Taxes
19%
$402
Home Insurance
6%
$117
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0