This property looks like a bad Mid-Term investment with a projected -1.81% first-year return on $86,250 initial cash invested.
-1.81%
Cash On Cash
6.68%
Cap Rate
0.99
DSCR
$3,000
Rent
-$130
Cashflow
Cash Flow
$3,000 income − $3,130 expenses = $130 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,000
Total Expenses
$3,130
Mortgage P&I
61%
$1,818
Property Taxes
6%
$170
Home Insurance
4%
$114
HOA
0%
$8
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330