This property looks like a bad Long-Term investment with a projected -19.25% first-year return on $68,145 initial cash invested.
-19.25%
Cash On Cash
2.81%
Cap Rate
0.43
DSCR
$1,729
Rent
-$1,093
Cashflow
Cash Flow
$1,729 income − $2,822 expenses = $1,093 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,145
Downpayment
20%
$64,900
Closing costs
1%
$3,245
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,729
Total Expenses
$2,822
Mortgage P&I
102%
$1,767
Property Taxes
29%
$501
Home Insurance
6%
$105
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0