This property looks like a bad Mid-Term investment with a projected -3.78% first-year return on $86,250 initial cash invested.
-3.78%
Cash On Cash
6.02%
Cap Rate
0.91
DSCR
$2,640
Rent
-$272
Cashflow
Cash Flow
$2,640 income − $2,912 expenses = $272 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,640
Total Expenses
$2,912
Mortgage P&I
68%
$1,796
Property Taxes
4%
$100
Home Insurance
4%
$114
HOA
0%
$4
Property Management
12%
$317
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$290