This property looks like a bad Mid-Term investment with a projected -0.46% first-year return on $86,250 initial cash invested.
-0.46%
Cash On Cash
7.04%
Cap Rate
1.05
DSCR
$2,980
Rent
-$33
Cashflow
Cash Flow
$2,980 income − $3,013 expenses = $33 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
$2,980
Total Expenses
$3,013
Mortgage P&I
61%
$1,822
Property Taxes
2%
$64
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$358
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$328