This property looks like a bad Long-Term investment with a projected -11.08% first-year return on $68,250 initial cash invested.
-11.08%
Cash On Cash
4.76%
Cap Rate
0.71
DSCR
$2,000
Rent
-$630
Cashflow
Cash Flow
$2,000 income − $2,630 expenses = $630 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,000
Total Expenses
$2,630
Mortgage P&I
91%
$1,818
Property Taxes
9%
$170
Home Insurance
6%
$114
HOA
0%
$8
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0