This property looks like a bad Long-Term investment with a projected -17.15% first-year return on $68,439 initial cash invested.
-17.15%
Cash On Cash
2.83%
Cap Rate
0.46
DSCR
$1,563
Rent
-$978
Cashflow
Cash Flow
$1,563 income − $2,541 expenses = $978 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,439
Downpayment
20%
$65,180
Closing costs
1%
$3,259
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,563
Total Expenses
$2,541
Mortgage P&I
107%
$1,668
Property Taxes
22%
$351
Home Insurance
7%
$116
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0