This property looks like a bad Long-Term investment with a projected -9.13% first-year return on $68,376 initial cash invested.
-9.13%
Cash On Cash
4.68%
Cap Rate
0.75
DSCR
$1,994
Rent
-$520
Cashflow
Cash Flow
$1,994 income − $2,514 expenses = $520 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,376
Downpayment
20%
$65,120
Closing costs
1%
$3,256
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,994
Total Expenses
$2,514
Mortgage P&I
85%
$1,689
Property Taxes
10%
$191
Home Insurance
6%
$115
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0