This property looks like a bad Mid-Term investment with a projected -3.93% first-year return on $83,604 initial cash invested.
-3.93%
Cash On Cash
6.02%
Cap Rate
0.9
DSCR
$2,726
Rent
-$274
Cashflow
Cash Flow
$2,726 income − $3,000 expenses = $274 out of pocket
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,604
Downpayment
20%
$62,480
Closing costs
1%
$3,124
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,726
Total Expenses
$3,000
Mortgage P&I
64%
$1,733
Property Taxes
8%
$228
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$300