This property looks like a bad Mid-Term investment with a projected -10.31% first-year return on $86,628 initial cash invested.
-10.31%
Cash On Cash
4.09%
Cap Rate
0.63
DSCR
$2,068
Rent
-$744
Cashflow
Cash Flow
$2,068 income − $2,812 expenses = $744 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,628
Downpayment
20%
$65,360
Closing costs
1%
$3,268
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,068
Total Expenses
$2,812
Mortgage P&I
86%
$1,776
Property Taxes
10%
$217
Home Insurance
6%
$116
HOA
0%
$0
Property Management
12%
$248
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$227