This property looks like a bad Long-Term investment with a projected -12.52% first-year return on $68,250 initial cash invested.
-12.52%
Cash On Cash
4.33%
Cap Rate
0.65
DSCR
$1,760
Rent
-$712
Cashflow
Cash Flow
$1,760 income − $2,472 expenses = $712 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,760
Total Expenses
$2,472
Mortgage P&I
102%
$1,796
Property Taxes
6%
$100
Home Insurance
6%
$114
HOA
0%
$4
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0