This property looks like a bad Long-Term investment with a projected -8.69% first-year return on $68,250 initial cash invested.
-8.69%
Cash On Cash
4.91%
Cap Rate
0.77
DSCR
$1,865
Rent
-$494
Cashflow
Cash Flow
$1,865 income − $2,359 expenses = $494 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,865
Total Expenses
$2,359
Mortgage P&I
93%
$1,730
Property Taxes
2%
$31
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0