This property looks like a bad Long-Term investment with a projected -11.21% first-year return on $67,872 initial cash invested.
-11.21%
Cash On Cash
4.73%
Cap Rate
0.71
DSCR
$2,277
Rent
-$634
Cashflow
Cash Flow
$2,277 income − $2,911 expenses = $634 out of pocket
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,872
Downpayment
20%
$64,640
Closing costs
1%
$3,232
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,277
Total Expenses
$2,911
Mortgage P&I
79%
$1,793
Property Taxes
17%
$395
Home Insurance
5%
$115
HOA
1%
$15
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0