This property looks like a bad Long-Term investment with a projected -15.81% first-year return on $68,229 initial cash invested.
-15.81%
Cash On Cash
3.57%
Cap Rate
0.55
DSCR
$1,864
Rent
-$899
Cashflow
Cash Flow
$1,864 income − $2,763 expenses = $899 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,229
Downpayment
20%
$64,980
Closing costs
1%
$3,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,864
Total Expenses
$2,763
Mortgage P&I
95%
$1,773
Property Taxes
21%
$392
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0