This property looks like a bad Long-Term investment with a projected -3.71% first-year return on $69,132 initial cash invested.
-3.71%
Cash On Cash
5.68%
Cap Rate
0.95
DSCR
$2,475
Rent
-$214
Cashflow
Cash Flow
$2,475 income − $2,689 expenses = $214 out of pocket
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,132
Downpayment
20%
$65,840
Closing costs
1%
$3,292
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,475
Total Expenses
$2,689
Mortgage P&I
67%
$1,647
Property Taxes
11%
$264
Home Insurance
5%
$122
HOA
0%
$12
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$148
Maintenance
5%
$124
Other
0%
$0