This property looks like a bad Long-Term investment with a projected -17.41% first-year return on $68,229 initial cash invested.
-17.41%
Cash On Cash
3.17%
Cap Rate
0.49
DSCR
$1,639
Rent
-$990
Cashflow
Cash Flow
$1,639 income − $2,629 expenses = $990 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
$1,639
Total Expenses
$2,629
Mortgage P&I
108%
$1,765
Property Taxes
20%
$322
Home Insurance
7%
$116
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0