This property looks like a bad Long-Term investment with a projected -9.18% first-year return on $69,174 initial cash invested.
-9.18%
Cash On Cash
5.03%
Cap Rate
0.77
DSCR
$2,253
Rent
-$529
Cashflow
Cash Flow
$2,253 income − $2,782 expenses = $529 out of pocket
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,174
Downpayment
20%
$65,880
Closing costs
1%
$3,294
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,253
Total Expenses
$2,782
Mortgage P&I
80%
$1,798
Property Taxes
6%
$144
Home Insurance
5%
$116
HOA
6%
$138
Property Management
10%
$225
CapEx
5%
$113
Vacancy
6%
$135
Maintenance
5%
$113
Other
0%
$0