This property looks like a bad Long-Term investment with a projected -13.71% first-year return on $68,796 initial cash invested.
-13.71%
Cash On Cash
4.33%
Cap Rate
0.63
DSCR
$2,049
Rent
-$786
Cashflow
Cash Flow
$2,049 income − $2,835 expenses = $786 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,796
Downpayment
20%
$65,520
Closing costs
1%
$3,276
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,049
Total Expenses
$2,835
Mortgage P&I
91%
$1,867
Property Taxes
16%
$320
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0