This property looks like a bad Mid-Term investment with a projected -5.62% first-year return on $86,250 initial cash invested.
-5.62%
Cash On Cash
5.31%
Cap Rate
0.83
DSCR
$2,961
Rent
-$404
Cashflow
Cash Flow
$2,961 income − $3,365 expenses = $404 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,961
Total Expenses
$3,365
Mortgage P&I
58%
$1,724
Property Taxes
18%
$521
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$326