This property looks like a bad Mid-Term investment with a projected -0.49% first-year return on $86,229 initial cash invested.
-0.49%
Cash On Cash
6.39%
Cap Rate
1.05
DSCR
$2,962
Rent
-$35
Cashflow
Cash Flow
$2,962 income − $2,997 expenses = $35 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,229
Downpayment
20%
$64,980
Closing costs
1%
$3,249
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,962
Total Expenses
$2,997
Mortgage P&I
56%
$1,646
Property Taxes
8%
$231
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$326