This property looks like a bad Long-Term investment with a projected -9.3% first-year return on $68,250 initial cash invested.
-9.3%
Cash On Cash
5.14%
Cap Rate
0.76
DSCR
$1,987
Rent
-$529
Cashflow
Cash Flow
$1,987 income − $2,516 expenses = $529 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
$1,987
Total Expenses
$2,516
Mortgage P&I
92%
$1,822
Property Taxes
3%
$64
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0