This property looks like a bad Long-Term investment with a projected -13.55% first-year return on $68,922 initial cash invested.
-13.55%
Cash On Cash
3.62%
Cap Rate
0.59
DSCR
$1,950
Rent
-$778
Cashflow
Cash Flow
$1,950 income − $2,728 expenses = $778 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,922
Downpayment
20%
$65,640
Closing costs
1%
$3,282
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,950
Total Expenses
$2,728
Mortgage P&I
86%
$1,671
Property Taxes
22%
$432
Home Insurance
6%
$117
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0