This property looks like a bad Long-Term investment with a projected -7.44% first-year return on $68,248 initial cash invested.
-7.44%
Cash On Cash
5.05%
Cap Rate
0.81
DSCR
$2,091
Rent
-$423
Cashflow
Cash Flow
$2,091 income − $2,514 expenses = $423 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,248
Downpayment
20%
$64,998
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,091
Total Expenses
$2,514
Mortgage P&I
81%
$1,685
Property Taxes
8%
$171
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$105
Vacancy
6%
$125
Maintenance
5%
$105
Other
0%
$0