This property looks like a bad Long-Term investment with a projected -5.43% first-year return on $68,248 initial cash invested.
-5.43%
Cash On Cash
5.34%
Cap Rate
0.88
DSCR
$2,146
Rent
-$309
Cashflow
Cash Flow
$2,146 income − $2,455 expenses = $309 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,248
Downpayment
20%
$64,998
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,146
Total Expenses
$2,455
Mortgage P&I
77%
$1,649
Property Taxes
6%
$134
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0