This property looks like a bad Mid-Term investment with a projected -0.51% first-year return on $86,229 initial cash invested.
-0.51%
Cash On Cash
7.05%
Cap Rate
1.05
DSCR
$3,201
Rent
-$37
Cashflow
Cash Flow
$3,201 income − $3,238 expenses = $37 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,201
Total Expenses
$3,238
Mortgage P&I
57%
$1,819
Property Taxes
7%
$217
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352