This property looks like a bad Mid-Term investment with a projected -6.03% first-year return on $86,229 initial cash invested.
-6.03%
Cash On Cash
5.21%
Cap Rate
0.8
DSCR
$2,254
Rent
-$433
Cashflow
Cash Flow
$2,254 income − $2,687 expenses = $433 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,254
Total Expenses
$2,687
Mortgage P&I
78%
$1,753
Property Taxes
2%
$54
Home Insurance
5%
$114
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248