This property looks like a bad Mid-Term investment with a projected -3.07% first-year return on $86,250 initial cash invested.
-3.07%
Cash On Cash
5.75%
Cap Rate
0.94
DSCR
$2,848
Rent
-$221
Cashflow
Cash Flow
$2,848 income − $3,069 expenses = $221 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,848
Total Expenses
$3,069
Mortgage P&I
58%
$1,665
Property Taxes
11%
$322
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313