This property looks like a bad Mid-Term investment with a projected -8.43% first-year return on $86,229 initial cash invested.
-8.43%
Cash On Cash
4.71%
Cap Rate
0.71
DSCR
$2,130
Rent
-$606
Cashflow
Cash Flow
$2,130 income − $2,736 expenses = $606 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,229
Downpayment
20%
$64,980
Closing costs
1%
$3,249
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,130
Total Expenses
$2,736
Mortgage P&I
84%
$1,796
Property Taxes
5%
$99
Home Insurance
5%
$117
HOA
0%
$0
Property Management
12%
$256
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$234