This property looks like a bad Long-Term investment with a projected -13.88% first-year return on $68,397 initial cash invested.
-13.88%
Cash On Cash
4.07%
Cap Rate
0.61
DSCR
$1,738
Rent
-$791
Cashflow
Cash Flow
$1,738 income − $2,529 expenses = $791 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,397
Downpayment
20%
$65,140
Closing costs
1%
$3,257
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,738
Total Expenses
$2,529
Mortgage P&I
104%
$1,808
Property Taxes
9%
$150
Home Insurance
7%
$119
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0