This property looks like a bad Long-Term investment with a projected -10.58% first-year return on $68,292 initial cash invested.
-10.58%
Cash On Cash
4.91%
Cap Rate
0.74
DSCR
$2,520
Rent
-$602
Cashflow
Cash Flow
$2,520 income − $3,122 expenses = $602 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,292
Downpayment
20%
$65,040
Closing costs
1%
$3,252
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,520
Total Expenses
$3,122
Mortgage P&I
72%
$1,806
Property Taxes
22%
$546
Home Insurance
5%
$115
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0