This property looks like a bad Long-Term investment with a projected -10.69% first-year return on $68,229 initial cash invested.
-10.69%
Cash On Cash
4.79%
Cap Rate
0.72
DSCR
$2,123
Rent
-$608
Cashflow
Cash Flow
$2,123 income − $2,731 expenses = $608 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,123
Total Expenses
$2,731
Mortgage P&I
85%
$1,798
Property Taxes
13%
$268
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0