This property looks like a bad Long-Term investment with a projected -14.37% first-year return on $67,326 initial cash invested.
-14.37%
Cash On Cash
3.94%
Cap Rate
0.59
DSCR
$1,772
Rent
-$806
Cashflow
Cash Flow
$1,772 income − $2,578 expenses = $806 out of pocket
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,326
Downpayment
20%
$64,120
Closing costs
1%
$3,206
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,772
Total Expenses
$2,578
Mortgage P&I
100%
$1,769
Property Taxes
13%
$234
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$89
Vacancy
6%
$106
Maintenance
5%
$89
Other
0%
$0