This property looks like a bad Mid-Term investment with a projected -6.55% first-year return on $86,250 initial cash invested.
-6.55%
Cash On Cash
5.04%
Cap Rate
0.79
DSCR
$2,500
Rent
-$471
Cashflow
Cash Flow
$2,500 income − $2,971 expenses = $471 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
$2,500
Total Expenses
$2,971
Mortgage P&I
69%
$1,737
Property Taxes
11%
$270
Home Insurance
5%
$114
HOA
0%
$0
Property Management
12%
$300
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$275