This property looks like a bad Mid-Term investment with a projected -9.86% first-year return on $84,549 initial cash invested.
-9.86%
Cash On Cash
4.35%
Cap Rate
0.65
DSCR
$2,140
Rent
-$695
Cashflow
Cash Flow
$2,140 income − $2,835 expenses = $695 out of pocket
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,549
Downpayment
20%
$63,380
Closing costs
1%
$3,169
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,140
Total Expenses
$2,835
Mortgage P&I
82%
$1,759
Property Taxes
11%
$236
Home Insurance
5%
$112
HOA
0%
$0
Property Management
12%
$257
CapEx
4%
$86
Vacancy
3%
$64
Maintenance
4%
$86
Other
11%
$235