This property looks like a bad Mid-Term investment with a projected -1.91% first-year return on $86,145 initial cash invested.
-1.91%
Cash On Cash
6.09%
Cap Rate
0.99
DSCR
$3,052
Rent
-$137
Cashflow
Cash Flow
$3,052 income − $3,189 expenses = $137 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,145
Downpayment
20%
$64,900
Closing costs
1%
$3,245
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,052
Total Expenses
$3,189
Mortgage P&I
54%
$1,662
Property Taxes
12%
$366
Home Insurance
4%
$114
HOA
0%
$9
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336