This property looks like a bad Long-Term investment with a projected -16.9% first-year return on $68,229 initial cash invested.
-16.9%
Cash On Cash
3.35%
Cap Rate
0.5
DSCR
$1,420
Rent
-$961
Cashflow
Cash Flow
$1,420 income − $2,381 expenses = $961 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,229
Downpayment
20%
$64,980
Closing costs
1%
$3,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,420
Total Expenses
$2,381
Mortgage P&I
126%
$1,796
Property Taxes
7%
$99
Home Insurance
8%
$117
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0