This property looks like a bad Mid-Term investment with a projected -9.75% first-year return on $84,570 initial cash invested.
-9.75%
Cash On Cash
4.21%
Cap Rate
0.64
DSCR
$1,844
Rent
-$687
Cashflow
Cash Flow
$1,844 income − $2,531 expenses = $687 out of pocket
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,570
Downpayment
20%
$63,400
Closing costs
1%
$3,170
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,844
Total Expenses
$2,531
Mortgage P&I
94%
$1,726
Property Taxes
4%
$67
Home Insurance
6%
$111
HOA
0%
$0
Property Management
12%
$221
CapEx
4%
$74
Vacancy
3%
$55
Maintenance
4%
$74
Other
11%
$203