This property looks like a bad Long-Term investment with a projected -15.43% first-year return on $68,502 initial cash invested.
-15.43%
Cash On Cash
3.62%
Cap Rate
0.55
DSCR
$1,773
Rent
-$881
Cashflow
Cash Flow
$1,773 income − $2,654 expenses = $881 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,773
Total Expenses
$2,654
Mortgage P&I
100%
$1,776
Property Taxes
14%
$242
Home Insurance
6%
$108
HOA
4%
$67
Property Management
10%
$177
CapEx
5%
$89
Vacancy
6%
$106
Maintenance
5%
$89
Other
0%
$0