This property looks like a bad Long-Term investment with a projected -10.45% first-year return on $68,418 initial cash invested.
-10.45%
Cash On Cash
4.75%
Cap Rate
0.72
DSCR
$1,912
Rent
-$596
Cashflow
Cash Flow
$1,912 income − $2,508 expenses = $596 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,418
Downpayment
20%
$65,160
Closing costs
1%
$3,258
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,912
Total Expenses
$2,508
Mortgage P&I
94%
$1,789
Property Taxes
5%
$102
Home Insurance
6%
$119
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0