This property looks like a bad Mid-Term investment with a projected -5.15% first-year return on $88,476 initial cash invested.
-5.15%
Cash On Cash
5.74%
Cap Rate
0.86
DSCR
$2,886
Rent
-$380
Cashflow
Cash Flow
$2,886 income − $3,266 expenses = $380 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,476
Downpayment
20%
$67,120
Closing costs
1%
$3,356
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,886
Total Expenses
$3,266
Mortgage P&I
65%
$1,869
Property Taxes
10%
$290
Home Insurance
4%
$119
HOA
0%
$8
Property Management
12%
$346
CapEx
4%
$115
Vacancy
3%
$87
Maintenance
4%
$115
Other
11%
$317