This property looks like a bad Mid-Term investment with a projected -7.01% first-year return on $86,250 initial cash invested.
-7.01%
Cash On Cash
5.02%
Cap Rate
0.77
DSCR
$2,342
Rent
-$504
Cashflow
Cash Flow
$2,342 income − $2,846 expenses = $504 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
$2,342
Total Expenses
$2,846
Mortgage P&I
76%
$1,770
Property Taxes
7%
$165
Home Insurance
5%
$114
HOA
0%
$0
Property Management
12%
$281
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258