This property looks like a bad Mid-Term investment with a projected -5.07% first-year return on $86,187 initial cash invested.
-5.07%
Cash On Cash
5.66%
Cap Rate
0.85
DSCR
$2,511
Rent
-$364
Cashflow
Cash Flow
$2,511 income − $2,875 expenses = $364 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,187
Downpayment
20%
$64,940
Closing costs
1%
$3,247
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,511
Total Expenses
$2,875
Mortgage P&I
71%
$1,795
Property Taxes
4%
$110
Home Insurance
5%
$118
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276