This property looks like a bad Mid-Term investment with a projected -7.61% first-year return on $86,229 initial cash invested.
-7.61%
Cash On Cash
4.9%
Cap Rate
0.75
DSCR
$2,541
Rent
-$547
Cashflow
Cash Flow
$2,541 income − $3,088 expenses = $547 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,229
Downpayment
20%
$64,980
Closing costs
1%
$3,249
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,541
Total Expenses
$3,088
Mortgage P&I
70%
$1,771
Property Taxes
13%
$338
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280