This property looks like a bad Mid-Term investment with a projected -3.48% first-year return on $86,313 initial cash invested.
-3.48%
Cash On Cash
6.11%
Cap Rate
0.93
DSCR
$2,919
Rent
-$250
Cashflow
Cash Flow
$2,919 income − $3,169 expenses = $250 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,313
Downpayment
20%
$65,060
Closing costs
1%
$3,253
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,919
Total Expenses
$3,169
Mortgage P&I
61%
$1,788
Property Taxes
9%
$271
Home Insurance
4%
$117
HOA
0%
$0
Property Management
12%
$350
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$321