This property looks like a bad Long-Term investment with a projected -1.55% first-year return on $68,250 initial cash invested.
-1.55%
Cash On Cash
6.3%
Cap Rate
1.03
DSCR
$2,746
Rent
-$88
Cashflow
Cash Flow
$2,746 income − $2,834 expenses = $88 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
$2,746
Total Expenses
$2,834
Mortgage P&I
60%
$1,656
Property Taxes
13%
$350
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$275
CapEx
5%
$137
Vacancy
6%
$165
Maintenance
5%
$137
Other
0%
$0