This property looks like a bad Long-Term investment with a projected -8.43% first-year return on $68,922 initial cash invested.
-8.43%
Cash On Cash
4.83%
Cap Rate
0.78
DSCR
$2,162
Rent
-$484
Cashflow
Cash Flow
$2,162 income − $2,646 expenses = $484 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,922
Downpayment
20%
$65,640
Closing costs
1%
$3,282
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,162
Total Expenses
$2,646
Mortgage P&I
78%
$1,697
Property Taxes
11%
$247
Home Insurance
5%
$117
HOA
1%
$23
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0