This property looks like a bad Mid-Term investment with a projected -1.59% first-year return on $86,250 initial cash invested.
-1.59%
Cash On Cash
6.8%
Cap Rate
1.01
DSCR
$3,447
Rent
-$114
Cashflow
Cash Flow
$3,447 income − $3,561 expenses = $114 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,447
Total Expenses
$3,561
Mortgage P&I
53%
$1,817
Property Taxes
13%
$458
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$379