This property looks like a bad Mid-Term investment with a projected -7.15% first-year return on $86,250 initial cash invested.
-7.15%
Cash On Cash
5.08%
Cap Rate
0.78
DSCR
$3,076
Rent
-$514
Cashflow
Cash Flow
$3,076 income − $3,590 expenses = $514 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,076
Total Expenses
$3,590
Mortgage P&I
57%
$1,767
Property Taxes
20%
$624
Home Insurance
4%
$114
HOA
1%
$40
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338