This property looks like a bad Mid-Term investment with a projected -5.37% first-year return on $86,250 initial cash invested.
-5.37%
Cash On Cash
5.58%
Cap Rate
0.86
DSCR
$3,424
Rent
-$386
Cashflow
Cash Flow
$3,424 income − $3,810 expenses = $386 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
$3,424
Total Expenses
$3,810
Mortgage P&I
51%
$1,761
Property Taxes
22%
$770
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377