This property looks like a bad Long-Term investment with a projected -17.86% first-year return on $68,607 initial cash invested.
-17.86%
Cash On Cash
3.18%
Cap Rate
0.48
DSCR
$1,614
Rent
-$1,021
Cashflow
Cash Flow
$1,614 income − $2,635 expenses = $1,021 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,607
Downpayment
20%
$65,340
Closing costs
1%
$3,267
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,614
Total Expenses
$2,635
Mortgage P&I
112%
$1,805
Property Taxes
18%
$294
Home Insurance
7%
$116
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0