This property looks like a bad Long-Term investment with a projected -9.62% first-year return on $68,250 initial cash invested.
-9.62%
Cash On Cash
4.6%
Cap Rate
0.75
DSCR
$2,521
Rent
-$547
Cashflow
Cash Flow
$2,521 income − $3,068 expenses = $547 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,521
Total Expenses
$3,068
Mortgage P&I
66%
$1,667
Property Taxes
25%
$632
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0