This property looks like a bad Long-Term investment with a projected -14.04% first-year return on $68,733 initial cash invested.
-14.04%
Cash On Cash
3.95%
Cap Rate
0.6
DSCR
$1,766
Rent
-$804
Cashflow
Cash Flow
$1,766 income − $2,570 expenses = $804 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,733
Downpayment
20%
$65,460
Closing costs
1%
$3,273
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,766
Total Expenses
$2,570
Mortgage P&I
101%
$1,792
Property Taxes
10%
$175
Home Insurance
7%
$119
HOA
1%
$25
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0