This property looks like a bad Mid-Term investment with a projected -11.14% first-year return on $86,250 initial cash invested.
-11.14%
Cash On Cash
3.53%
Cap Rate
0.57
DSCR
$1,768
Rent
-$801
Cashflow
Cash Flow
$1,768 income − $2,569 expenses = $801 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,768
Total Expenses
$2,569
Mortgage P&I
95%
$1,686
Property Taxes
10%
$168
Home Insurance
6%
$114
HOA
0%
$0
Property Management
12%
$212
CapEx
4%
$71
Vacancy
3%
$53
Maintenance
4%
$71
Other
11%
$194