This property looks like a bad Long-Term investment with a projected -13.22% first-year return on $68,418 initial cash invested.
-13.22%
Cash On Cash
3.82%
Cap Rate
0.61
DSCR
$1,774
Rent
-$754
Cashflow
Cash Flow
$1,774 income − $2,528 expenses = $754 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,418
Downpayment
20%
$65,160
Closing costs
1%
$3,258
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,774
Total Expenses
$2,528
Mortgage P&I
96%
$1,701
Property Taxes
14%
$250
Home Insurance
7%
$116
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$89
Vacancy
6%
$106
Maintenance
5%
$89
Other
0%
$0