This property looks like a bad Mid-Term investment with a projected -4.4% first-year return on $86,229 initial cash invested.
-4.4%
Cash On Cash
5.54%
Cap Rate
0.88
DSCR
$2,883
Rent
-$316
Cashflow
Cash Flow
$2,883 income − $3,199 expenses = $316 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,883
Total Expenses
$3,199
Mortgage P&I
59%
$1,701
Property Taxes
14%
$401
Home Insurance
4%
$118
HOA
0%
$0
Property Management
12%
$346
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$317