This property looks like a bad Long-Term investment with a projected -3.83% first-year return on $68,250 initial cash invested.
-3.83%
Cash On Cash
6.2%
Cap Rate
0.94
DSCR
$2,285
Rent
-$218
Cashflow
Cash Flow
$2,285 income − $2,503 expenses = $218 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,285
Total Expenses
$2,503
Mortgage P&I
78%
$1,784
Property Taxes
1%
$12
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0