This property looks like a bad Mid-Term investment with a projected -2.87% first-year return on $86,271 initial cash invested.
-2.87%
Cash On Cash
6.18%
Cap Rate
0.95
DSCR
$2,756
Rent
-$206
Cashflow
Cash Flow
$2,756 income − $2,962 expenses = $206 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,271
Downpayment
20%
$65,020
Closing costs
1%
$3,251
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,756
Total Expenses
$2,962
Mortgage P&I
64%
$1,770
Property Taxes
5%
$139
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303