This property looks like a bad Mid-Term investment with a projected -1.09% first-year return on $86,229 initial cash invested.
-1.09%
Cash On Cash
6.82%
Cap Rate
1.03
DSCR
$3,184
Rent
-$78
Cashflow
Cash Flow
$3,184 income − $3,262 expenses = $78 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
$3,184
Total Expenses
$3,262
Mortgage P&I
56%
$1,798
Property Taxes
8%
$268
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$96
Maintenance
4%
$127
Other
11%
$350