This property looks like a bad Long-Term investment with a projected -10.49% first-year return on $68,859 initial cash invested.
-10.49%
Cash On Cash
4.9%
Cap Rate
0.73
DSCR
$2,131
Rent
-$602
Cashflow
Cash Flow
$2,131 income − $2,733 expenses = $602 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,859
Downpayment
20%
$65,580
Closing costs
1%
$3,279
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,131
Total Expenses
$2,733
Mortgage P&I
86%
$1,834
Property Taxes
10%
$208
Home Insurance
5%
$115
HOA
1%
$21
Property Management
10%
$213
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0