This property looks like a bad Long-Term investment with a projected -11.46% first-year return on $68,565 initial cash invested.
-11.46%
Cash On Cash
4.7%
Cap Rate
0.71
DSCR
$2,466
Rent
-$655
Cashflow
Cash Flow
$2,466 income − $3,121 expenses = $655 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,565
Downpayment
20%
$65,300
Closing costs
1%
$3,265
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,466
Total Expenses
$3,121
Mortgage P&I
73%
$1,812
Property Taxes
22%
$539
Home Insurance
5%
$116
HOA
1%
$13
Property Management
10%
$247
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0