This property looks like a bad Mid-Term investment with a projected -3.27% first-year return on $86,229 initial cash invested.
-3.27%
Cash On Cash
6.05%
Cap Rate
0.93
DSCR
$2,727
Rent
-$235
Cashflow
Cash Flow
$2,727 income − $2,962 expenses = $235 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,727
Total Expenses
$2,962
Mortgage P&I
65%
$1,764
Property Taxes
6%
$153
Home Insurance
4%
$114
HOA
0%
$4
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$300