This property looks like a bad Long-Term investment with a projected -11.38% first-year return on $68,145 initial cash invested.
-11.38%
Cash On Cash
4.13%
Cap Rate
0.67
DSCR
$2,035
Rent
-$646
Cashflow
Cash Flow
$2,035 income − $2,681 expenses = $646 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,145
Downpayment
20%
$64,900
Closing costs
1%
$3,245
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,035
Total Expenses
$2,681
Mortgage P&I
82%
$1,662
Property Taxes
18%
$366
Home Insurance
6%
$114
HOA
0%
$9
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0