This property looks like a bad Long-Term investment with a projected -6.28% first-year return on $68,250 initial cash invested.
-6.28%
Cash On Cash
5.31%
Cap Rate
0.85
DSCR
$2,167
Rent
-$357
Cashflow
Cash Flow
$2,167 income − $2,524 expenses = $357 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,167
Total Expenses
$2,524
Mortgage P&I
78%
$1,687
Property Taxes
7%
$160
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0