This property looks like a bad Long-Term investment with a projected -15.3% first-year return on $68,250 initial cash invested.
-15.3%
Cash On Cash
3.25%
Cap Rate
0.53
DSCR
$2,082
Rent
-$870
Cashflow
Cash Flow
$2,082 income − $2,952 expenses = $870 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.5%
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
$2,082
Total Expenses
$2,952
Mortgage P&I
79%
$1,646
Property Taxes
31%
$651
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0