This property looks like a bad Long-Term investment with a projected -6.31% first-year return on $68,250 initial cash invested.
-6.31%
Cash On Cash
5.63%
Cap Rate
0.86
DSCR
$2,113
Rent
-$359
Cashflow
Cash Flow
$2,113 income − $2,472 expenses = $359 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
$2,113
Total Expenses
$2,472
Mortgage P&I
84%
$1,777
Property Taxes
1%
$31
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0