This property looks like a bad Long-Term investment with a projected -4.96% first-year return on $68,733 initial cash invested.
-4.96%
Cash On Cash
6%
Cap Rate
0.91
DSCR
$2,490
Rent
-$284
Cashflow
Cash Flow
$2,490 income − $2,774 expenses = $284 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,733
Downpayment
20%
$65,460
Closing costs
1%
$3,273
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,490
Total Expenses
$2,774
Mortgage P&I
72%
$1,797
Property Taxes
9%
$214
Home Insurance
5%
$117
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0