This property looks like a bad Long-Term investment with a projected -8.11% first-year return on $68,250 initial cash invested.
-8.11%
Cash On Cash
5.45%
Cap Rate
0.82
DSCR
$2,749
Rent
-$461
Cashflow
Cash Flow
$2,749 income − $3,210 expenses = $461 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
$2,749
Total Expenses
$3,210
Mortgage P&I
65%
$1,799
Property Taxes
21%
$583
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$275
CapEx
5%
$137
Vacancy
6%
$165
Maintenance
5%
$137
Other
0%
$0