This property looks like a bad Long-Term investment with a projected -12.01% first-year return on $68,124 initial cash invested.
-12.01%
Cash On Cash
4.56%
Cap Rate
0.69
DSCR
$2,525
Rent
-$682
Cashflow
Cash Flow
$2,525 income − $3,207 expenses = $682 out of pocket
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,124
Downpayment
20%
$64,880
Closing costs
1%
$3,244
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,525
Total Expenses
$3,207
Mortgage P&I
71%
$1,788
Property Taxes
26%
$647
Home Insurance
5%
$116
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$152
Maintenance
5%
$126
Other
0%
$0