This property looks like a bad Long-Term investment with a projected -9.35% first-year return on $68,250 initial cash invested.
-9.35%
Cash On Cash
4.84%
Cap Rate
0.75
DSCR
$1,876
Rent
-$532
Cashflow
Cash Flow
$1,876 income − $2,408 expenses = $532 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,876
Total Expenses
$2,408
Mortgage P&I
93%
$1,749
Property Taxes
3%
$56
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0