This property looks like a bad Long-Term investment with a projected -16.3% first-year return on $68,250 initial cash invested.
-16.3%
Cash On Cash
3.44%
Cap Rate
0.52
DSCR
$1,605
Rent
-$927
Cashflow
Cash Flow
$1,605 income − $2,532 expenses = $927 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
$1,605
Total Expenses
$2,532
Mortgage P&I
111%
$1,778
Property Taxes
14%
$224
Home Insurance
7%
$114
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0