This property looks like a bad Long-Term investment with a projected -6.87% first-year return on $68,313 initial cash invested.
-6.87%
Cash On Cash
5.2%
Cap Rate
0.83
DSCR
$2,171
Rent
-$391
Cashflow
Cash Flow
$2,171 income − $2,562 expenses = $391 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,313
Downpayment
20%
$65,060
Closing costs
1%
$3,253
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,171
Total Expenses
$2,562
Mortgage P&I
78%
$1,691
Property Taxes
9%
$189
Home Insurance
5%
$117
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$109
Vacancy
6%
$130
Maintenance
5%
$109
Other
0%
$0