This property looks like a bad Long-Term investment with a projected -14.02% first-year return on $68,229 initial cash invested.
-14.02%
Cash On Cash
3.69%
Cap Rate
0.59
DSCR
$1,922
Rent
-$797
Cashflow
Cash Flow
$1,922 income − $2,719 expenses = $797 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,922
Total Expenses
$2,719
Mortgage P&I
89%
$1,701
Property Taxes
21%
$401
Home Insurance
6%
$118
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0