This property looks like a bad Mid-Term investment with a projected -3.77% first-year return on $86,250 initial cash invested.
-3.77%
Cash On Cash
6.02%
Cap Rate
0.91
DSCR
$2,715
Rent
-$271
Cashflow
Cash Flow
$2,715 income − $2,986 expenses = $271 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,715
Total Expenses
$2,986
Mortgage P&I
66%
$1,792
Property Taxes
6%
$156
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$81
Maintenance
4%
$109
Other
11%
$299