This property looks like a bad Long-Term investment with a projected -10.94% first-year return on $67,368 initial cash invested.
-10.94%
Cash On Cash
4.78%
Cap Rate
0.71
DSCR
$2,062
Rent
-$614
Cashflow
Cash Flow
$2,062 income − $2,676 expenses = $614 out of pocket
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,368
Downpayment
20%
$64,160
Closing costs
1%
$3,208
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,062
Total Expenses
$2,676
Mortgage P&I
87%
$1,789
Property Taxes
12%
$238
Home Insurance
5%
$113
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0