This property looks like a bad Long-Term investment with a projected -13.8% first-year return on $68,187 initial cash invested.
-13.8%
Cash On Cash
4.05%
Cap Rate
0.61
DSCR
$1,674
Rent
-$784
Cashflow
Cash Flow
$1,674 income − $2,458 expenses = $784 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,187
Downpayment
20%
$64,940
Closing costs
1%
$3,247
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,674
Total Expenses
$2,458
Mortgage P&I
107%
$1,795
Property Taxes
7%
$110
Home Insurance
7%
$118
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0