This property looks like a bad Mid-Term investment with a projected -5.44% first-year return on $89,526 initial cash invested.
-5.44%
Cash On Cash
5.12%
Cap Rate
0.84
DSCR
$3,225
Rent
-$406
Cashflow
Cash Flow
$3,225 income − $3,631 expenses = $406 out of pocket
Investment Breakdown
|
Purchase Price
$341k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,526
Downpayment
20%
$68,120
Closing costs
1%
$3,406
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,225
Total Expenses
$3,631
Mortgage P&I
54%
$1,729
Property Taxes
12%
$385
Home Insurance
13%
$420
HOA
0%
$0
Property Management
12%
$387
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355