This property looks like a bad Mid-Term investment with a projected -6.38% first-year return on $86,145 initial cash invested.
-6.38%
Cash On Cash
5.14%
Cap Rate
0.8
DSCR
$2,562
Rent
-$458
Cashflow
Cash Flow
$2,562 income − $3,020 expenses = $458 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,145
Downpayment
20%
$64,900
Closing costs
1%
$3,245
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,562
Total Expenses
$3,020
Mortgage P&I
68%
$1,746
Property Taxes
11%
$290
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$282