This property looks like a bad Long-Term investment with a projected -9.06% first-year return on $68,712 initial cash invested.
-9.06%
Cash On Cash
5%
Cap Rate
0.77
DSCR
$2,235
Rent
-$519
Cashflow
Cash Flow
$2,235 income − $2,754 expenses = $519 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,712
Downpayment
20%
$65,440
Closing costs
1%
$3,272
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,235
Total Expenses
$2,754
Mortgage P&I
79%
$1,770
Property Taxes
13%
$288
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0