This property looks like a bad Mid-Term investment with a projected -7.08% first-year return on $86,250 initial cash invested.
-7.08%
Cash On Cash
4.63%
Cap Rate
0.75
DSCR
$2,304
Rent
-$509
Cashflow
Cash Flow
$2,304 income − $2,813 expenses = $509 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
$2,304
Total Expenses
$2,813
Mortgage P&I
72%
$1,670
Property Taxes
6%
$147
Home Insurance
5%
$114
HOA
4%
$100
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253