This property looks like a bad Mid-Term investment with a projected -5.54% first-year return on $86,250 initial cash invested.
-5.54%
Cash On Cash
5.49%
Cap Rate
0.84
DSCR
$2,648
Rent
-$398
Cashflow
Cash Flow
$2,648 income − $3,046 expenses = $398 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,648
Total Expenses
$3,046
Mortgage P&I
67%
$1,779
Property Taxes
10%
$253
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291