This property looks like a bad Mid-Term investment with a projected -4.41% first-year return on $86,250 initial cash invested.
-4.41%
Cash On Cash
5.99%
Cap Rate
0.89
DSCR
$3,132
Rent
-$317
Cashflow
Cash Flow
$3,132 income − $3,449 expenses = $317 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,132
Total Expenses
$3,449
Mortgage P&I
58%
$1,813
Property Taxes
14%
$428
Home Insurance
4%
$114
HOA
1%
$29
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$345