This property looks like a bad Mid-Term investment with a projected -3.27% first-year return on $86,313 initial cash invested.
-3.27%
Cash On Cash
5.99%
Cap Rate
0.94
DSCR
$3,138
Rent
-$235
Cashflow
Cash Flow
$3,138 income − $3,373 expenses = $235 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,313
Downpayment
20%
$65,060
Closing costs
1%
$3,253
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,138
Total Expenses
$3,373
Mortgage P&I
55%
$1,733
Property Taxes
12%
$386
Home Insurance
4%
$112
HOA
2%
$74
Property Management
12%
$377
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$345