This property looks like a bad Mid-Term investment with a projected -8.07% first-year return on $86,229 initial cash invested.
-8.07%
Cash On Cash
4.74%
Cap Rate
0.73
DSCR
$2,458
Rent
-$580
Cashflow
Cash Flow
$2,458 income − $3,038 expenses = $580 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
$2,458
Total Expenses
$3,038
Mortgage P&I
72%
$1,765
Property Taxes
13%
$322
Home Insurance
5%
$116
HOA
0%
$0
Property Management
12%
$295
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$270