This property looks like a bad Long-Term investment with a projected -14.74% first-year return on $68,880 initial cash invested.
-14.74%
Cash On Cash
3.45%
Cap Rate
0.55
DSCR
$1,688
Rent
-$846
Cashflow
Cash Flow
$1,688 income − $2,534 expenses = $846 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,880
Downpayment
20%
$65,600
Closing costs
1%
$3,280
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,688
Total Expenses
$2,534
Mortgage P&I
101%
$1,705
Property Taxes
16%
$274
Home Insurance
7%
$117
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0