This property looks like a bad Long-Term investment with a projected -15.96% first-year return on $68,628 initial cash invested.
-15.96%
Cash On Cash
3.69%
Cap Rate
0.55
DSCR
$1,581
Rent
-$913
Cashflow
Cash Flow
$1,581 income − $2,494 expenses = $913 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,628
Downpayment
20%
$65,360
Closing costs
1%
$3,268
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,581
Total Expenses
$2,494
Mortgage P&I
116%
$1,838
Property Taxes
8%
$123
Home Insurance
8%
$122
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0