This property looks like a bad Long-Term investment with a projected -13.35% first-year return on $68,649 initial cash invested.
-13.35%
Cash On Cash
4.16%
Cap Rate
0.63
DSCR
$1,980
Rent
-$764
Cashflow
Cash Flow
$1,980 income − $2,744 expenses = $764 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,649
Downpayment
20%
$65,380
Closing costs
1%
$3,269
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,980
Total Expenses
$2,744
Mortgage P&I
91%
$1,799
Property Taxes
14%
$272
Home Insurance
6%
$115
HOA
2%
$43
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0