This property looks like a bad Long-Term investment with a projected -18.07% first-year return on $68,250 initial cash invested.
-18.07%
Cash On Cash
3.11%
Cap Rate
0.48
DSCR
$2,051
Rent
-$1,028
Cashflow
Cash Flow
$2,051 income − $3,079 expenses = $1,028 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,051
Total Expenses
$3,079
Mortgage P&I
86%
$1,767
Property Taxes
30%
$624
Home Insurance
6%
$114
HOA
2%
$40
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0