This property looks like a bad Long-Term investment with a projected -7.3% first-year return on $68,250 initial cash invested.
-7.3%
Cash On Cash
5.47%
Cap Rate
0.84
DSCR
$2,777
Rent
-$415
Cashflow
Cash Flow
$2,777 income − $3,192 expenses = $415 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,777
Total Expenses
$3,192
Mortgage P&I
63%
$1,758
Property Taxes
22%
$597
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$278
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0