This property looks like a bad Long-Term investment with a projected -11.98% first-year return on $67,410 initial cash invested.
-11.98%
Cash On Cash
4.37%
Cap Rate
0.67
DSCR
$1,972
Rent
-$673
Cashflow
Cash Flow
$1,972 income − $2,645 expenses = $673 out of pocket
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,410
Downpayment
20%
$64,200
Closing costs
1%
$3,210
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,972
Total Expenses
$2,645
Mortgage P&I
88%
$1,744
Property Taxes
13%
$254
Home Insurance
6%
$112
HOA
1%
$22
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0