This property looks like a bad Long-Term investment with a projected -10.97% first-year return on $68,691 initial cash invested.
-10.97%
Cash On Cash
4.27%
Cap Rate
0.7
DSCR
$2,373
Rent
-$628
Cashflow
Cash Flow
$2,373 income − $3,001 expenses = $628 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,373
Total Expenses
$3,001
Mortgage P&I
70%
$1,672
Property Taxes
25%
$600
Home Insurance
5%
$112
HOA
0%
$0
Property Management
10%
$237
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0