This property looks like a bad Long-Term investment with a projected -11.3% first-year return on $68,376 initial cash invested.
-11.3%
Cash On Cash
4.38%
Cap Rate
0.68
DSCR
$1,943
Rent
-$644
Cashflow
Cash Flow
$1,943 income − $2,587 expenses = $644 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,943
Total Expenses
$2,587
Mortgage P&I
89%
$1,736
Property Taxes
11%
$213
Home Insurance
7%
$133
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0