This property looks like a bad Long-Term investment with a projected -17.87% first-year return on $68,229 initial cash invested.
-17.87%
Cash On Cash
3.27%
Cap Rate
0.49
DSCR
$1,960
Rent
-$1,016
Cashflow
Cash Flow
$1,960 income − $2,976 expenses = $1,016 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,960
Total Expenses
$2,976
Mortgage P&I
92%
$1,803
Property Taxes
28%
$549
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0