This property looks like a bad Long-Term investment with a projected -11.62% first-year return on $68,376 initial cash invested.
-11.62%
Cash On Cash
4.57%
Cap Rate
0.68
DSCR
$1,814
Rent
-$662
Cashflow
Cash Flow
$1,814 income − $2,476 expenses = $662 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,376
Downpayment
20%
$65,120
Closing costs
1%
$3,256
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,814
Total Expenses
$2,476
Mortgage P&I
100%
$1,812
Property Taxes
4%
$75
Home Insurance
6%
$117
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0