This property looks like a bad Long-Term investment with a projected -15.47% first-year return on $68,397 initial cash invested.
-15.47%
Cash On Cash
3.65%
Cap Rate
0.56
DSCR
$1,799
Rent
-$882
Cashflow
Cash Flow
$1,799 income − $2,681 expenses = $882 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,397
Downpayment
20%
$65,140
Closing costs
1%
$3,257
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,799
Total Expenses
$2,681
Mortgage P&I
99%
$1,783
Property Taxes
17%
$300
Home Insurance
7%
$130
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0