This property looks like a bad Long-Term investment with a projected -9.41% first-year return on $68,229 initial cash invested.
-9.41%
Cash On Cash
4.91%
Cap Rate
0.76
DSCR
$2,226
Rent
-$535
Cashflow
Cash Flow
$2,226 income − $2,761 expenses = $535 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
$2,226
Total Expenses
$2,761
Mortgage P&I
79%
$1,754
Property Taxes
14%
$314
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$223
CapEx
5%
$111
Vacancy
6%
$134
Maintenance
5%
$111
Other
0%
$0