This property looks like a bad Long-Term investment with a projected -8.33% first-year return on $68,544 initial cash invested.
-8.33%
Cash On Cash
4.74%
Cap Rate
0.78
DSCR
$2,115
Rent
-$476
Cashflow
Cash Flow
$2,115 income − $2,591 expenses = $476 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,544
Downpayment
20%
$65,280
Closing costs
1%
$3,264
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,115
Total Expenses
$2,591
Mortgage P&I
78%
$1,659
Property Taxes
13%
$265
Home Insurance
5%
$116
HOA
0%
$0
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0