This property looks like a bad Long-Term investment with a projected -10.67% first-year return on $67,158 initial cash invested.
-10.67%
Cash On Cash
4.68%
Cap Rate
0.72
DSCR
$2,105
Rent
-$597
Cashflow
Cash Flow
$2,105 income − $2,702 expenses = $597 out of pocket
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,158
Downpayment
20%
$63,960
Closing costs
1%
$3,198
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,105
Total Expenses
$2,702
Mortgage P&I
83%
$1,738
Property Taxes
13%
$265
Home Insurance
5%
$114
HOA
2%
$39
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0