This property looks like a bad Long-Term investment with a projected -10.04% first-year return on $68,229 initial cash invested.
-10.04%
Cash On Cash
5%
Cap Rate
0.74
DSCR
$2,134
Rent
-$571
Cashflow
Cash Flow
$2,134 income − $2,705 expenses = $571 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,134
Total Expenses
$2,705
Mortgage P&I
85%
$1,819
Property Taxes
10%
$217
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0