This property looks like a bad Long-Term investment with a projected -15.79% first-year return on $68,250 initial cash invested.
-15.79%
Cash On Cash
3.42%
Cap Rate
0.54
DSCR
$1,974
Rent
-$898
Cashflow
Cash Flow
$1,974 income − $2,872 expenses = $898 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,974
Total Expenses
$2,872
Mortgage P&I
87%
$1,724
Property Taxes
26%
$521
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0