This property looks like a bad Long-Term investment with a projected -13.49% first-year return on $68,250 initial cash invested.
-13.49%
Cash On Cash
4.09%
Cap Rate
0.62
DSCR
$1,840
Rent
-$767
Cashflow
Cash Flow
$1,840 income − $2,607 expenses = $767 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,840
Total Expenses
$2,607
Mortgage P&I
97%
$1,782
Property Taxes
11%
$208
Home Insurance
6%
$114
HOA
1%
$25
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0