This property looks like a bad Mid-Term investment with a projected -0.4% first-year return on $86,250 initial cash invested.
-0.4%
Cash On Cash
6.69%
Cap Rate
1.05
DSCR
$2,798
Rent
-$29
Cashflow
Cash Flow
$2,798 income − $2,827 expenses = $29 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,798
Total Expenses
$2,827
Mortgage P&I
62%
$1,730
Property Taxes
1%
$31
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308