This property looks like a bad Long-Term investment with a projected -7.9% first-year return on $68,670 initial cash invested.
-7.9%
Cash On Cash
4.89%
Cap Rate
0.79
DSCR
$1,982
Rent
-$452
Cashflow
Cash Flow
$1,982 income − $2,434 expenses = $452 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,982
Total Expenses
$2,434
Mortgage P&I
85%
$1,685
Property Taxes
6%
$120
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0