This property looks like a bad Long-Term investment with a projected -8.77% first-year return on $68,670 initial cash invested.
-8.77%
Cash On Cash
5.05%
Cap Rate
0.78
DSCR
$2,466
Rent
-$502
Cashflow
Cash Flow
$2,466 income − $2,968 expenses = $502 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,466
Total Expenses
$2,968
Mortgage P&I
71%
$1,756
Property Taxes
18%
$452
Home Insurance
5%
$119
HOA
0%
$0
Property Management
10%
$247
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0