This property looks like a bad Long-Term investment with a projected -15.74% first-year return on $68,250 initial cash invested.
-15.74%
Cash On Cash
3.15%
Cap Rate
0.51
DSCR
$1,536
Rent
-$895
Cashflow
Cash Flow
$1,536 income − $2,431 expenses = $895 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,536
Total Expenses
$2,431
Mortgage P&I
109%
$1,670
Property Taxes
10%
$147
Home Insurance
7%
$114
HOA
7%
$100
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0