This property looks like a bad Long-Term investment with a projected -12.76% first-year return on $67,347 initial cash invested.
-12.76%
Cash On Cash
4.37%
Cap Rate
0.65
DSCR
$1,705
Rent
-$716
Cashflow
Cash Flow
$1,705 income − $2,421 expenses = $716 out of pocket
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,347
Downpayment
20%
$64,140
Closing costs
1%
$3,207
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,705
Total Expenses
$2,421
Mortgage P&I
105%
$1,798
Property Taxes
4%
$65
Home Insurance
7%
$116
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0