This property looks like a bad Long-Term investment with a projected -16.96% first-year return on $68,859 initial cash invested.
-16.96%
Cash On Cash
3.24%
Cap Rate
0.49
DSCR
$1,286
Rent
-$973
Cashflow
Cash Flow
$1,286 income − $2,259 expenses = $973 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,859
Downpayment
20%
$65,580
Closing costs
1%
$3,279
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,286
Total Expenses
$2,259
Mortgage P&I
139%
$1,793
Property Taxes
1%
$15
Home Insurance
9%
$117
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0