This property looks like a bad Mid-Term investment with a projected -1.85% first-year return on $86,250 initial cash invested.
-1.85%
Cash On Cash
6.68%
Cap Rate
1
DSCR
$3,460
Rent
-$133
Cashflow
Cash Flow
$3,460 income − $3,593 expenses = $133 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,460
Total Expenses
$3,593
Mortgage P&I
52%
$1,805
Property Taxes
14%
$498
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$415
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$381