This property looks like a bad Long-Term investment with a projected -15.6% first-year return on $68,250 initial cash invested.
-15.6%
Cash On Cash
3.44%
Cap Rate
0.54
DSCR
$1,667
Rent
-$887
Cashflow
Cash Flow
$1,667 income − $2,554 expenses = $887 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,667
Total Expenses
$2,554
Mortgage P&I
104%
$1,737
Property Taxes
16%
$270
Home Insurance
7%
$114
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0