This property looks like a bad Long-Term investment with a projected -7.77% first-year return on $68,145 initial cash invested.
-7.77%
Cash On Cash
5.29%
Cap Rate
0.81
DSCR
$2,241
Rent
-$441
Cashflow
Cash Flow
$2,241 income − $2,682 expenses = $441 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
$2,241
Total Expenses
$2,682
Mortgage P&I
79%
$1,760
Property Taxes
10%
$223
Home Insurance
5%
$117
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0