This property looks like a bad Mid-Term investment with a projected -7.32% first-year return on $86,229 initial cash invested.
-7.32%
Cash On Cash
5.15%
Cap Rate
0.77
DSCR
$2,940
Rent
-$526
Cashflow
Cash Flow
$2,940 income − $3,466 expenses = $526 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,940
Total Expenses
$3,466
Mortgage P&I
61%
$1,803
Property Taxes
19%
$549
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$353
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$323