This property looks like a bad Mid-Term investment with a projected -0.33% first-year return on $86,250 initial cash invested.
-0.33%
Cash On Cash
7%
Cap Rate
1.05
DSCR
$3,058
Rent
-$24
Cashflow
Cash Flow
$3,058 income − $3,082 expenses = $24 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
$3,058
Total Expenses
$3,082
Mortgage P&I
59%
$1,798
Property Taxes
4%
$131
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$367
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336