This property looks like a bad Long-Term investment with a projected -9.39% first-year return on $68,250 initial cash invested.
-9.39%
Cash On Cash
5.04%
Cap Rate
0.76
DSCR
$2,039
Rent
-$534
Cashflow
Cash Flow
$2,039 income − $2,573 expenses = $534 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,039
Total Expenses
$2,573
Mortgage P&I
88%
$1,798
Property Taxes
6%
$131
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0