This property looks like a bad Long-Term investment with a projected -18.94% first-year return on $68,563 initial cash invested.
-18.94%
Cash On Cash
2.57%
Cap Rate
0.41
DSCR
$1,831
Rent
-$1,082
Cashflow
Cash Flow
$1,831 income − $2,913 expenses = $1,082 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,563
Downpayment
20%
$65,298
Closing costs
1%
$3,265
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,831
Total Expenses
$2,913
Mortgage P&I
92%
$1,688
Property Taxes
35%
$634
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0