This property looks like a bad Long-Term investment with a projected -9.11% first-year return on $68,250 initial cash invested.
-9.11%
Cash On Cash
4.87%
Cap Rate
0.76
DSCR
$2,164
Rent
-$518
Cashflow
Cash Flow
$2,164 income − $2,682 expenses = $518 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
$2,164
Total Expenses
$2,682
Mortgage P&I
80%
$1,729
Property Taxes
11%
$247
Home Insurance
5%
$114
HOA
1%
$30
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0