This property looks like a bad Long-Term investment with a projected -14.56% first-year return on $67,767 initial cash invested.
-14.56%
Cash On Cash
4.11%
Cap Rate
0.6
DSCR
$1,752
Rent
-$822
Cashflow
Cash Flow
$1,752 income − $2,574 expenses = $822 out of pocket
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,767
Downpayment
20%
$64,540
Closing costs
1%
$3,227
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,752
Total Expenses
$2,574
Mortgage P&I
105%
$1,838
Property Taxes
9%
$164
Home Insurance
7%
$116
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0