This property looks like a bad Long-Term investment with a projected -16.79% first-year return on $68,250 initial cash invested.
-16.79%
Cash On Cash
3.4%
Cap Rate
0.52
DSCR
$2,283
Rent
-$955
Cashflow
Cash Flow
$2,283 income − $3,238 expenses = $955 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,283
Total Expenses
$3,238
Mortgage P&I
77%
$1,761
Property Taxes
34%
$770
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0