This property looks like a bad Long-Term investment with a projected -15.67% first-year return on $68,754 initial cash invested.
-15.67%
Cash On Cash
3.78%
Cap Rate
0.56
DSCR
$2,026
Rent
-$898
Cashflow
Cash Flow
$2,026 income − $2,924 expenses = $898 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,754
Downpayment
20%
$65,480
Closing costs
1%
$3,274
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,026
Total Expenses
$2,924
Mortgage P&I
90%
$1,829
Property Taxes
21%
$434
Home Insurance
6%
$116
HOA
1%
$18
Property Management
10%
$203
CapEx
5%
$101
Vacancy
6%
$122
Maintenance
5%
$101
Other
0%
$0