This property looks like a bad Long-Term investment with a projected -9.22% first-year return on $68,754 initial cash invested.
-9.22%
Cash On Cash
4.67%
Cap Rate
0.76
DSCR
$2,413
Rent
-$528
Cashflow
Cash Flow
$2,413 income − $2,941 expenses = $528 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.7%
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
$2,413
Total Expenses
$2,941
Mortgage P&I
70%
$1,681
Property Taxes
21%
$513
Home Insurance
5%
$119
HOA
0%
$0
Property Management
10%
$241
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0