This property looks like a bad Long-Term investment with a projected -9.85% first-year return on $68,229 initial cash invested.
-9.85%
Cash On Cash
4.53%
Cap Rate
0.74
DSCR
$2,546
Rent
-$560
Cashflow
Cash Flow
$2,546 income − $3,106 expenses = $560 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,546
Total Expenses
$3,106
Mortgage P&I
65%
$1,660
Property Taxes
26%
$670
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$255
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0