This property looks like a bad Long-Term investment with a projected -17.23% first-year return on $68,250 initial cash invested.
-17.23%
Cash On Cash
2.81%
Cap Rate
0.45
DSCR
$1,200
Rent
-$980
Cashflow
Cash Flow
$1,200 income − $2,180 expenses = $980 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,200
Total Expenses
$2,180
Mortgage P&I
140%
$1,682
Property Taxes
4%
$43
Home Insurance
10%
$114
HOA
2%
$29
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0