This property looks like a bad Long-Term investment with a projected -11.53% first-year return on $68,481 initial cash invested.
-11.53%
Cash On Cash
3.97%
Cap Rate
0.65
DSCR
$1,780
Rent
-$658
Cashflow
Cash Flow
$1,780 income − $2,438 expenses = $658 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,481
Downpayment
20%
$65,220
Closing costs
1%
$3,261
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,780
Total Expenses
$2,438
Mortgage P&I
93%
$1,648
Property Taxes
12%
$210
Home Insurance
7%
$117
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0