This property looks like a bad Long-Term investment with a projected -16.44% first-year return on $68,250 initial cash invested.
-16.44%
Cash On Cash
3.19%
Cap Rate
0.5
DSCR
$1,408
Rent
-$935
Cashflow
Cash Flow
$1,408 income − $2,343 expenses = $935 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,408
Total Expenses
$2,343
Mortgage P&I
123%
$1,730
Property Taxes
10%
$134
Home Insurance
8%
$114
HOA
0%
$0
Property Management
10%
$141
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0