This property looks like a bad Long-Term investment with a projected -12.93% first-year return on $68,313 initial cash invested.
-12.93%
Cash On Cash
4.24%
Cap Rate
0.64
DSCR
$1,946
Rent
-$736
Cashflow
Cash Flow
$1,946 income − $2,682 expenses = $736 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,313
Downpayment
20%
$65,060
Closing costs
1%
$3,253
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,946
Total Expenses
$2,682
Mortgage P&I
92%
$1,788
Property Taxes
14%
$271
Home Insurance
6%
$117
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0