This property looks like a bad Long-Term investment with a projected -15.58% first-year return on $68,544 initial cash invested.
-15.58%
Cash On Cash
3.54%
Cap Rate
0.55
DSCR
$2,092
Rent
-$890
Cashflow
Cash Flow
$2,092 income − $2,982 expenses = $890 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,544
Downpayment
20%
$65,280
Closing costs
1%
$3,264
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,092
Total Expenses
$2,982
Mortgage P&I
84%
$1,749
Property Taxes
27%
$566
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0