This property looks like a bad Long-Term investment with a projected -7.78% first-year return on $68,502 initial cash invested.
-7.78%
Cash On Cash
5.18%
Cap Rate
0.81
DSCR
$2,234
Rent
-$444
Cashflow
Cash Flow
$2,234 income − $2,678 expenses = $444 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,502
Downpayment
20%
$65,240
Closing costs
1%
$3,262
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,234
Total Expenses
$2,678
Mortgage P&I
78%
$1,740
Property Taxes
11%
$240
Home Insurance
5%
$117
HOA
0%
$0
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0