This property looks like a bad Long-Term investment with a projected -8.3% first-year return on $68,250 initial cash invested.
-8.3%
Cash On Cash
4.77%
Cap Rate
0.78
DSCR
$2,207
Rent
-$472
Cashflow
Cash Flow
$2,207 income − $2,679 expenses = $472 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
$2,207
Total Expenses
$2,679
Mortgage P&I
75%
$1,655
Property Taxes
15%
$334
Home Insurance
5%
$117
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0