This property looks like a bad Long-Term investment with a projected -9.32% first-year return on $68,229 initial cash invested.
-9.32%
Cash On Cash
4.49%
Cap Rate
0.74
DSCR
$1,975
Rent
-$530
Cashflow
Cash Flow
$1,975 income − $2,505 expenses = $530 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,229
Downpayment
20%
$64,980
Closing costs
1%
$3,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,975
Total Expenses
$2,505
Mortgage P&I
83%
$1,646
Property Taxes
12%
$231
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0