This property looks like a bad Mid-Term investment with a projected -9.46% first-year return on $86,250 initial cash invested.
-9.46%
Cash On Cash
3.97%
Cap Rate
0.64
DSCR
$1,800
Rent
-$680
Cashflow
Cash Flow
$1,800 income − $2,480 expenses = $680 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,800
Total Expenses
$2,480
Mortgage P&I
93%
$1,682
Property Taxes
2%
$43
Home Insurance
6%
$114
HOA
2%
$29
Property Management
12%
$216
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$198