This property looks like a bad Long-Term investment with a projected -11.62% first-year return on $68,250 initial cash invested.
-11.62%
Cash On Cash
4.51%
Cap Rate
0.69
DSCR
$2,058
Rent
-$661
Cashflow
Cash Flow
$2,058 income − $2,719 expenses = $661 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
$2,058
Total Expenses
$2,719
Mortgage P&I
86%
$1,780
Property Taxes
14%
$290
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0