This property looks like a bad Long-Term investment with a projected -4.88% first-year return on $68,607 initial cash invested.
-4.88%
Cash On Cash
6.12%
Cap Rate
0.93
DSCR
$2,966
Rent
-$279
Cashflow
Cash Flow
$2,966 income − $3,245 expenses = $279 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,607
Downpayment
20%
$65,340
Closing costs
1%
$3,267
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,966
Total Expenses
$3,245
Mortgage P&I
61%
$1,797
Property Taxes
18%
$545
Home Insurance
4%
$115
HOA
1%
$17
Property Management
10%
$297
CapEx
5%
$148
Vacancy
6%
$178
Maintenance
5%
$148
Other
0%
$0