This property looks like a bad Long-Term investment with a projected -16.79% first-year return on $68,250 initial cash invested.
-16.79%
Cash On Cash
2.89%
Cap Rate
0.47
DSCR
$1,551
Rent
-$955
Cashflow
Cash Flow
$1,551 income − $2,506 expenses = $955 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
$1,551
Total Expenses
$2,506
Mortgage P&I
107%
$1,661
Property Taxes
21%
$327
Home Insurance
7%
$114
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0