This property looks like a bad Long-Term investment with a projected -14.75% first-year return on $68,250 initial cash invested.
-14.75%
Cash On Cash
3.8%
Cap Rate
0.58
DSCR
$1,765
Rent
-$839
Cashflow
Cash Flow
$1,765 income − $2,604 expenses = $839 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
$1,765
Total Expenses
$2,604
Mortgage P&I
101%
$1,779
Property Taxes
14%
$253
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0