This property looks like a bad Long-Term investment with a projected -10.23% first-year return on $68,292 initial cash invested.
-10.23%
Cash On Cash
5%
Cap Rate
0.74
DSCR
$2,061
Rent
-$582
Cashflow
Cash Flow
$2,061 income − $2,643 expenses = $582 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,292
Downpayment
20%
$65,040
Closing costs
1%
$3,252
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,061
Total Expenses
$2,643
Mortgage P&I
89%
$1,835
Property Taxes
8%
$156
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0