This property looks like a bad Long-Term investment with a projected -2.85% first-year return on $68,250 initial cash invested.
-2.85%
Cash On Cash
6.33%
Cap Rate
1
DSCR
$3,092
Rent
-$162
Cashflow
Cash Flow
$3,092 income − $3,254 expenses = $162 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
$3,092
Total Expenses
$3,254
Mortgage P&I
56%
$1,722
Property Taxes
20%
$612
Home Insurance
4%
$115
HOA
0%
$0
Property Management
10%
$309
CapEx
5%
$155
Vacancy
6%
$186
Maintenance
5%
$155
Other
0%
$0