This property looks like a bad Long-Term investment with a projected -12.69% first-year return on $68,250 initial cash invested.
-12.69%
Cash On Cash
4.28%
Cap Rate
0.65
DSCR
$1,810
Rent
-$722
Cashflow
Cash Flow
$1,810 income − $2,532 expenses = $722 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,810
Total Expenses
$2,532
Mortgage P&I
99%
$1,792
Property Taxes
9%
$156
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$90
Vacancy
6%
$109
Maintenance
5%
$90
Other
0%
$0