This property looks like a bad Long-Term investment with a projected -14.21% first-year return on $68,229 initial cash invested.
-14.21%
Cash On Cash
3.77%
Cap Rate
0.58
DSCR
$1,503
Rent
-$808
Cashflow
Cash Flow
$1,503 income − $2,311 expenses = $808 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,503
Total Expenses
$2,311
Mortgage P&I
117%
$1,753
Property Taxes
4%
$54
Home Insurance
8%
$114
HOA
0%
$0
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0