This property looks like a bad Long-Term investment with a projected -12.74% first-year return on $68,397 initial cash invested.
-12.74%
Cash On Cash
4.38%
Cap Rate
0.66
DSCR
$2,000
Rent
-$726
Cashflow
Cash Flow
$2,000 income − $2,726 expenses = $726 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,397
Downpayment
20%
$65,140
Closing costs
1%
$3,257
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,000
Total Expenses
$2,726
Mortgage P&I
91%
$1,816
Property Taxes
13%
$259
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0