This property looks like a bad Mid-Term investment with a projected -5.98% first-year return on $86,250 initial cash invested.
-5.98%
Cash On Cash
5.53%
Cap Rate
0.83
DSCR
$3,128
Rent
-$430
Cashflow
Cash Flow
$3,128 income − $3,558 expenses = $430 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
$3,128
Total Expenses
$3,558
Mortgage P&I
58%
$1,804
Property Taxes
18%
$577
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344