This property looks like a bad Mid-Term investment with a projected -0.48% first-year return on $86,628 initial cash invested.
-0.48%
Cash On Cash
7.05%
Cap Rate
1.05
DSCR
$3,188
Rent
-$35
Cashflow
Cash Flow
$3,188 income − $3,223 expenses = $35 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,188
Total Expenses
$3,223
Mortgage P&I
57%
$1,827
Property Taxes
6%
$193
Home Insurance
4%
$117
HOA
0%
$0
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351