This property looks like a bad Mid-Term investment with a projected -8.72% first-year return on $86,250 initial cash invested.
-8.72%
Cash On Cash
4.37%
Cap Rate
0.68
DSCR
$1,958
Rent
-$627
Cashflow
Cash Flow
$1,958 income − $2,585 expenses = $627 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,958
Total Expenses
$2,585
Mortgage P&I
89%
$1,733
Property Taxes
4%
$73
Home Insurance
6%
$114
HOA
0%
$0
Property Management
12%
$235
CapEx
4%
$78
Vacancy
3%
$59
Maintenance
4%
$78
Other
11%
$215