This property looks like a bad Long-Term investment with a projected -17.05% first-year return on $68,250 initial cash invested.
-17.05%
Cash On Cash
3.43%
Cap Rate
0.51
DSCR
$1,561
Rent
-$970
Cashflow
Cash Flow
$1,561 income − $2,531 expenses = $970 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,561
Total Expenses
$2,531
Mortgage P&I
117%
$1,822
Property Taxes
12%
$189
Home Insurance
7%
$114
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0