This property looks like a bad Mid-Term investment with a projected -0.88% first-year return on $86,250 initial cash invested.
-0.88%
Cash On Cash
6.64%
Cap Rate
1.03
DSCR
$2,814
Rent
-$63
Cashflow
Cash Flow
$2,814 income − $2,877 expenses = $63 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,814
Total Expenses
$2,877
Mortgage P&I
62%
$1,749
Property Taxes
2%
$56
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$84
Maintenance
4%
$113
Other
11%
$310