This property looks like a bad Long-Term investment with a projected -9% first-year return on $68,523 initial cash invested.
-9%
Cash On Cash
5.23%
Cap Rate
0.78
DSCR
$2,432
Rent
-$514
Cashflow
Cash Flow
$2,432 income − $2,946 expenses = $514 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,523
Downpayment
20%
$65,260
Closing costs
1%
$3,263
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,432
Total Expenses
$2,946
Mortgage P&I
75%
$1,813
Property Taxes
16%
$384
Home Insurance
5%
$116
HOA
0%
$0
Property Management
10%
$243
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0