This property looks like a bad Long-Term investment with a projected -9.88% first-year return on $68,250 initial cash invested.
-9.88%
Cash On Cash
4.58%
Cap Rate
0.73
DSCR
$1,874
Rent
-$562
Cashflow
Cash Flow
$1,874 income − $2,436 expenses = $562 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.9%
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
$1,874
Total Expenses
$2,436
Mortgage P&I
91%
$1,709
Property Taxes
7%
$126
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0