This property looks like a bad Long-Term investment with a projected -12.14% first-year return on $68,229 initial cash invested.
-12.14%
Cash On Cash
4.3%
Cap Rate
0.66
DSCR
$1,818
Rent
-$690
Cashflow
Cash Flow
$1,818 income − $2,508 expenses = $690 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,229
Downpayment
20%
$64,980
Closing costs
1%
$3,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,818
Total Expenses
$2,508
Mortgage P&I
97%
$1,764
Property Taxes
8%
$153
Home Insurance
6%
$114
HOA
0%
$4
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0