This property looks like a bad Mid-Term investment with a projected -7.81% first-year return on $86,502 initial cash invested.
-7.81%
Cash On Cash
4.88%
Cap Rate
0.74
DSCR
$2,542
Rent
-$563
Cashflow
Cash Flow
$2,542 income − $3,105 expenses = $563 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,502
Downpayment
20%
$65,240
Closing costs
1%
$3,262
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,542
Total Expenses
$3,105
Mortgage P&I
70%
$1,788
Property Taxes
13%
$333
Home Insurance
5%
$119
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280