This property looks like a bad Long-Term investment with a projected -0.14% first-year return on $68,250 initial cash invested.
-0.14%
Cash On Cash
7.07%
Cap Rate
1.07
DSCR
$2,717
Rent
-$8
Cashflow
Cash Flow
$2,717 income − $2,725 expenses = $8 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
$2,717
Total Expenses
$2,725
Mortgage P&I
66%
$1,787
Property Taxes
4%
$117
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$272
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0