This property looks like a bad Long-Term investment with a projected -15.3% first-year return on $68,376 initial cash invested.
-15.3%
Cash On Cash
3.78%
Cap Rate
0.57
DSCR
$2,234
Rent
-$872
Cashflow
Cash Flow
$2,234 income − $3,106 expenses = $872 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,376
Downpayment
20%
$65,120
Closing costs
1%
$3,256
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,234
Total Expenses
$3,106
Mortgage P&I
80%
$1,785
Property Taxes
26%
$585
Home Insurance
5%
$118
HOA
2%
$37
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0