This property looks like a bad Long-Term investment with a projected -12.59% first-year return on $68,796 initial cash invested.
-12.59%
Cash On Cash
4.36%
Cap Rate
0.66
DSCR
$2,277
Rent
-$722
Cashflow
Cash Flow
$2,277 income − $2,999 expenses = $722 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,796
Downpayment
20%
$65,520
Closing costs
1%
$3,276
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,277
Total Expenses
$2,999
Mortgage P&I
79%
$1,799
Property Taxes
13%
$303
Home Insurance
5%
$110
HOA
9%
$194
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0