This property looks like a bad Mid-Term investment with a projected -6.05% first-year return on $86,229 initial cash invested.
-6.05%
Cash On Cash
5.36%
Cap Rate
0.82
DSCR
$2,796
Rent
-$435
Cashflow
Cash Flow
$2,796 income − $3,231 expenses = $435 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,796
Total Expenses
$3,231
Mortgage P&I
63%
$1,773
Property Taxes
14%
$392
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308