This property looks like a bad Mid-Term investment with a projected -2.1% first-year return on $86,250 initial cash invested.
-2.1%
Cash On Cash
6.45%
Cap Rate
0.98
DSCR
$2,888
Rent
-$151
Cashflow
Cash Flow
$2,888 income − $3,039 expenses = $151 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
$2,888
Total Expenses
$3,039
Mortgage P&I
62%
$1,781
Property Taxes
6%
$160
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318