This property looks like a bad Long-Term investment with a projected -13.48% first-year return on $68,544 initial cash invested.
-13.48%
Cash On Cash
3.98%
Cap Rate
0.62
DSCR
$1,885
Rent
-$770
Cashflow
Cash Flow
$1,885 income − $2,655 expenses = $770 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,544
Downpayment
20%
$65,280
Closing costs
1%
$3,264
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,885
Total Expenses
$2,655
Mortgage P&I
93%
$1,759
Property Taxes
14%
$262
Home Insurance
8%
$145
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0