This property looks like a bad Long-Term investment with a projected -12.24% first-year return on $68,250 initial cash invested.
-12.24%
Cash On Cash
3.93%
Cap Rate
0.64
DSCR
$1,899
Rent
-$696
Cashflow
Cash Flow
$1,899 income − $2,595 expenses = $696 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.6%
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
$1,899
Total Expenses
$2,595
Mortgage P&I
88%
$1,665
Property Taxes
17%
$322
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0