This property looks like a bad Long-Term investment with a projected -9.87% first-year return on $68,229 initial cash invested.
-9.87%
Cash On Cash
5.14%
Cap Rate
0.76
DSCR
$2,618
Rent
-$561
Cashflow
Cash Flow
$2,618 income − $3,179 expenses = $561 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,618
Total Expenses
$3,179
Mortgage P&I
70%
$1,821
Property Taxes
22%
$563
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0