This property looks like a bad Mid-Term investment with a projected -4.88% first-year return on $86,250 initial cash invested.
-4.88%
Cash On Cash
5.24%
Cap Rate
0.86
DSCR
$3,123
Rent
-$351
Cashflow
Cash Flow
$3,123 income − $3,474 expenses = $351 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.5%
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
$3,123
Total Expenses
$3,474
Mortgage P&I
53%
$1,646
Property Taxes
21%
$651
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344