This property looks like a bad Long-Term investment with a projected -12.11% first-year return on $68,250 initial cash invested.
-12.11%
Cash On Cash
4.59%
Cap Rate
0.68
DSCR
$2,298
Rent
-$689
Cashflow
Cash Flow
$2,298 income − $2,987 expenses = $689 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,298
Total Expenses
$2,987
Mortgage P&I
79%
$1,817
Property Taxes
20%
$458
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0