This property looks like a bad Long-Term investment with a projected -8.62% first-year return on $68,229 initial cash invested.
-8.62%
Cash On Cash
5.2%
Cap Rate
0.79
DSCR
$2,221
Rent
-$490
Cashflow
Cash Flow
$2,221 income − $2,711 expenses = $490 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,221
Total Expenses
$2,711
Mortgage P&I
81%
$1,788
Property Taxes
10%
$232
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0