This property looks like a bad Mid-Term investment with a projected -6.55% first-year return on $86,250 initial cash invested.
-6.55%
Cash On Cash
5.2%
Cap Rate
0.79
DSCR
$2,566
Rent
-$471
Cashflow
Cash Flow
$2,566 income − $3,037 expenses = $471 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
$2,566
Total Expenses
$3,037
Mortgage P&I
69%
$1,775
Property Taxes
11%
$275
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$282