This property looks like a bad Mid-Term investment with a projected -4.27% first-year return on $86,250 initial cash invested.
-4.27%
Cash On Cash
5.85%
Cap Rate
0.89
DSCR
$2,760
Rent
-$307
Cashflow
Cash Flow
$2,760 income − $3,067 expenses = $307 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
$2,760
Total Expenses
$3,067
Mortgage P&I
65%
$1,782
Property Taxes
8%
$208
Home Insurance
4%
$114
HOA
1%
$25
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$304