This property looks like a bad Long-Term investment with a projected -8.76% first-year return on $68,502 initial cash invested.
-8.76%
Cash On Cash
4.66%
Cap Rate
0.76
DSCR
$2,139
Rent
-$500
Cashflow
Cash Flow
$2,139 income − $2,639 expenses = $500 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,502
Downpayment
20%
$65,240
Closing costs
1%
$3,262
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,139
Total Expenses
$2,639
Mortgage P&I
78%
$1,661
Property Taxes
14%
$306
Home Insurance
5%
$116
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0