This property looks like a bad Long-Term investment with a projected -8.47% first-year return on $68,460 initial cash invested.
-8.47%
Cash On Cash
5.06%
Cap Rate
0.79
DSCR
$2,324
Rent
-$483
Cashflow
Cash Flow
$2,324 income − $2,807 expenses = $483 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,460
Downpayment
20%
$65,200
Closing costs
1%
$3,260
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,324
Total Expenses
$2,807
Mortgage P&I
75%
$1,742
Property Taxes
15%
$348
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0