This property looks like a bad Long-Term investment with a projected -10.6% first-year return on $68,250 initial cash invested.
-10.6%
Cash On Cash
4.69%
Cap Rate
0.71
DSCR
$1,871
Rent
-$603
Cashflow
Cash Flow
$1,871 income − $2,474 expenses = $603 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
$1,871
Total Expenses
$2,474
Mortgage P&I
95%
$1,778
Property Taxes
5%
$95
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0