This property looks like a bad Long-Term investment with a projected -7.02% first-year return on $68,250 initial cash invested.
-7.02%
Cash On Cash
5.12%
Cap Rate
0.83
DSCR
$2,489
Rent
-$399
Cashflow
Cash Flow
$2,489 income − $2,888 expenses = $399 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,489
Total Expenses
$2,888
Mortgage P&I
67%
$1,661
Property Taxes
19%
$467
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0