This property looks like a bad Long-Term investment with a projected -11.71% first-year return on $68,271 initial cash invested.
-11.71%
Cash On Cash
4.41%
Cap Rate
0.68
DSCR
$1,837
Rent
-$666
Cashflow
Cash Flow
$1,837 income − $2,503 expenses = $666 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,271
Downpayment
20%
$65,020
Closing costs
1%
$3,251
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,837
Total Expenses
$2,503
Mortgage P&I
96%
$1,770
Property Taxes
8%
$139
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0