This property looks like a bad Long-Term investment with a projected -19.27% first-year return on $68,250 initial cash invested.
-19.27%
Cash On Cash
2.4%
Cap Rate
0.38
DSCR
$1,179
Rent
-$1,096
Cashflow
Cash Flow
$1,179 income − $2,275 expenses = $1,096 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,179
Total Expenses
$2,275
Mortgage P&I
143%
$1,686
Property Taxes
14%
$168
Home Insurance
10%
$114
HOA
0%
$0
Property Management
10%
$118
CapEx
5%
$59
Vacancy
6%
$71
Maintenance
5%
$59
Other
0%
$0