This property looks like a bad Mid-Term investment with a projected -9.21% first-year return on $86,145 initial cash invested.
-9.21%
Cash On Cash
4.47%
Cap Rate
0.68
DSCR
$2,594
Rent
-$661
Cashflow
Cash Flow
$2,594 income − $3,255 expenses = $661 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,145
Downpayment
20%
$64,900
Closing costs
1%
$3,245
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,594
Total Expenses
$3,255
Mortgage P&I
68%
$1,767
Property Taxes
19%
$501
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$311
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$285