This property looks like a bad Long-Term investment with a projected -7.16% first-year return on $68,229 initial cash invested.
-7.16%
Cash On Cash
5.56%
Cap Rate
0.84
DSCR
$2,442
Rent
-$407
Cashflow
Cash Flow
$2,442 income − $2,849 expenses = $407 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,442
Total Expenses
$2,849
Mortgage P&I
73%
$1,790
Property Taxes
12%
$298
Home Insurance
5%
$126
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$147
Maintenance
5%
$122
Other
0%
$0