This property looks like a bad Long-Term investment with a projected -12.47% first-year return on $68,250 initial cash invested.
-12.47%
Cash On Cash
4.47%
Cap Rate
0.67
DSCR
$2,307
Rent
-$709
Cashflow
Cash Flow
$2,307 income − $3,016 expenses = $709 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,307
Total Expenses
$3,016
Mortgage P&I
78%
$1,805
Property Taxes
22%
$498
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0