This property looks like a bad Long-Term investment with a projected -14.97% first-year return on $68,397 initial cash invested.
-14.97%
Cash On Cash
3.95%
Cap Rate
0.59
DSCR
$2,045
Rent
-$853
Cashflow
Cash Flow
$2,045 income − $2,898 expenses = $853 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,397
Downpayment
20%
$65,140
Closing costs
1%
$3,257
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,045
Total Expenses
$2,898
Mortgage P&I
89%
$1,822
Property Taxes
21%
$429
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0