This property looks like a bad Mid-Term investment with a projected -7.32% first-year return on $86,250 initial cash invested.
-7.32%
Cash On Cash
4.98%
Cap Rate
0.76
DSCR
$2,408
Rent
-$526
Cashflow
Cash Flow
$2,408 income − $2,934 expenses = $526 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
$2,408
Total Expenses
$2,934
Mortgage P&I
74%
$1,778
Property Taxes
9%
$224
Home Insurance
5%
$114
HOA
0%
$0
Property Management
12%
$289
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$265