This property looks like a bad Long-Term investment with a projected -12.54% first-year return on $68,313 initial cash invested.
-12.54%
Cash On Cash
4.27%
Cap Rate
0.65
DSCR
$1,887
Rent
-$714
Cashflow
Cash Flow
$1,887 income − $2,601 expenses = $714 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,313
Downpayment
20%
$65,060
Closing costs
1%
$3,253
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,887
Total Expenses
$2,601
Mortgage P&I
94%
$1,778
Property Taxes
12%
$217
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0