This property looks like a bad Long-Term investment with a projected -13.82% first-year return on $68,523 initial cash invested.
-13.82%
Cash On Cash
3.98%
Cap Rate
0.61
DSCR
$1,880
Rent
-$789
Cashflow
Cash Flow
$1,880 income − $2,669 expenses = $789 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,523
Downpayment
20%
$65,260
Closing costs
1%
$3,263
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,880
Total Expenses
$2,669
Mortgage P&I
95%
$1,778
Property Taxes
15%
$288
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0