This property looks like a bad Mid-Term investment with a projected -0.43% first-year return on $86,523 initial cash invested.
-0.43%
Cash On Cash
6.93%
Cap Rate
1.05
DSCR
$3,170
Rent
-$31
Cashflow
Cash Flow
$3,170 income − $3,201 expenses = $31 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,523
Downpayment
20%
$65,260
Closing costs
1%
$3,263
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,170
Total Expenses
$3,201
Mortgage P&I
56%
$1,789
Property Taxes
6%
$189
Home Insurance
5%
$145
HOA
0%
$0
Property Management
12%
$380
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349