This property looks like a bad Long-Term investment with a projected -8.74% first-year return on $68,250 initial cash invested.
-8.74%
Cash On Cash
5.11%
Cap Rate
0.78
DSCR
$2,318
Rent
-$497
Cashflow
Cash Flow
$2,318 income − $2,815 expenses = $497 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,318
Total Expenses
$2,815
Mortgage P&I
76%
$1,766
Property Taxes
14%
$332
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0