This property looks like a bad Long-Term investment with a projected -11.96% first-year return on $68,838 initial cash invested.
-11.96%
Cash On Cash
4.46%
Cap Rate
0.67
DSCR
$1,948
Rent
-$686
Cashflow
Cash Flow
$1,948 income − $2,634 expenses = $686 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,838
Downpayment
20%
$65,560
Closing costs
1%
$3,278
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,948
Total Expenses
$2,634
Mortgage P&I
93%
$1,806
Property Taxes
9%
$172
Home Insurance
8%
$150
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0