This property looks like a bad Long-Term investment with a projected -15.58% first-year return on $68,145 initial cash invested.
-15.58%
Cash On Cash
3.5%
Cap Rate
0.54
DSCR
$1,708
Rent
-$885
Cashflow
Cash Flow
$1,708 income − $2,593 expenses = $885 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,145
Downpayment
20%
$64,900
Closing costs
1%
$3,245
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,708
Total Expenses
$2,593
Mortgage P&I
102%
$1,746
Property Taxes
17%
$290
Home Insurance
7%
$114
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0