This property looks like a bad Long-Term investment with a projected -17.06% first-year return on $68,229 initial cash invested.
-17.06%
Cash On Cash
3.27%
Cap Rate
0.5
DSCR
$1,694
Rent
-$970
Cashflow
Cash Flow
$1,694 income − $2,664 expenses = $970 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,229
Downpayment
20%
$64,980
Closing costs
1%
$3,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,694
Total Expenses
$2,664
Mortgage P&I
105%
$1,771
Property Taxes
20%
$338
Home Insurance
7%
$114
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0