This property looks like a bad Long-Term investment with a projected -7.33% first-year return on $68,145 initial cash invested.
-7.33%
Cash On Cash
4.92%
Cap Rate
0.81
DSCR
$2,124
Rent
-$416
Cashflow
Cash Flow
$2,124 income − $2,540 expenses = $416 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,145
Downpayment
20%
$64,900
Closing costs
1%
$3,245
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,124
Total Expenses
$2,540
Mortgage P&I
77%
$1,641
Property Taxes
10%
$216
Home Insurance
6%
$119
HOA
1%
$13
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0