This property looks like a bad Mid-Term investment with a projected -3.38% first-year return on $86,313 initial cash invested.
-3.38%
Cash On Cash
6.08%
Cap Rate
0.93
DSCR
$2,830
Rent
-$243
Cashflow
Cash Flow
$2,830 income − $3,073 expenses = $243 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,313
Downpayment
20%
$65,060
Closing costs
1%
$3,253
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,830
Total Expenses
$3,073
Mortgage P&I
63%
$1,778
Property Taxes
8%
$217
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311