This property looks like a bad Long-Term investment with a projected -11% first-year return on $68,187 initial cash invested.
-11%
Cash On Cash
4.65%
Cap Rate
0.71
DSCR
$2,176
Rent
-$625
Cashflow
Cash Flow
$2,176 income − $2,801 expenses = $625 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,187
Downpayment
20%
$64,940
Closing costs
1%
$3,247
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,176
Total Expenses
$2,801
Mortgage P&I
82%
$1,775
Property Taxes
17%
$377
Home Insurance
4%
$82
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0