This property looks like a bad Mid-Term investment with a projected -7.93% first-year return on $86,250 initial cash invested.
-7.93%
Cash On Cash
4.73%
Cap Rate
0.73
DSCR
$2,418
Rent
-$570
Cashflow
Cash Flow
$2,418 income − $2,988 expenses = $570 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,418
Total Expenses
$2,988
Mortgage P&I
73%
$1,753
Property Taxes
12%
$298
Home Insurance
5%
$114
HOA
0%
$0
Property Management
12%
$290
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$266