This property looks like a bad Long-Term investment with a projected -8.42% first-year return on $68,250 initial cash invested.
-8.42%
Cash On Cash
5.23%
Cap Rate
0.8
DSCR
$2,335
Rent
-$479
Cashflow
Cash Flow
$2,335 income − $2,814 expenses = $479 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,335
Total Expenses
$2,814
Mortgage P&I
76%
$1,778
Property Taxes
13%
$314
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0