This property looks like a bad Long-Term investment with a projected -12.11% first-year return on $68,376 initial cash invested.
-12.11%
Cash On Cash
4%
Cap Rate
0.65
DSCR
$2,208
Rent
-$690
Cashflow
Cash Flow
$2,208 income − $2,898 expenses = $690 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,376
Downpayment
20%
$65,120
Closing costs
1%
$3,256
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,208
Total Expenses
$2,898
Mortgage P&I
75%
$1,664
Property Taxes
25%
$545
Home Insurance
5%
$116
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0