This property looks like a bad Long-Term investment with a projected -6.81% first-year return on $67,809 initial cash invested.
-6.81%
Cash On Cash
5.11%
Cap Rate
0.84
DSCR
$2,354
Rent
-$385
Cashflow
Cash Flow
$2,354 income − $2,739 expenses = $385 out of pocket
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,809
Downpayment
20%
$64,580
Closing costs
1%
$3,229
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,354
Total Expenses
$2,739
Mortgage P&I
70%
$1,642
Property Taxes
14%
$340
Home Insurance
5%
$115
HOA
1%
$30
Property Management
10%
$235
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0