This property looks like a bad Long-Term investment with a projected -11.46% first-year return on $68,691 initial cash invested.
-11.46%
Cash On Cash
4.02%
Cap Rate
0.66
DSCR
$1,860
Rent
-$656
Cashflow
Cash Flow
$1,860 income − $2,516 expenses = $656 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,691
Downpayment
20%
$65,420
Closing costs
1%
$3,271
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,860
Total Expenses
$2,516
Mortgage P&I
89%
$1,658
Property Taxes
14%
$255
Home Insurance
6%
$119
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0