This property looks like a bad Mid-Term investment with a projected -1.13% first-year return on $86,187 initial cash invested.
-1.13%
Cash On Cash
6.74%
Cap Rate
1.03
DSCR
$3,264
Rent
-$81
Cashflow
Cash Flow
$3,264 income − $3,345 expenses = $81 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,187
Downpayment
20%
$64,940
Closing costs
1%
$3,247
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,264
Total Expenses
$3,345
Mortgage P&I
54%
$1,775
Property Taxes
12%
$377
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359