This property looks like a bad Mid-Term investment with a projected -2.12% first-year return on $85,305 initial cash invested.
-2.12%
Cash On Cash
6.71%
Cap Rate
1
DSCR
$3,726
Rent
-$151
Cashflow
Cash Flow
$3,726 income − $3,877 expenses = $151 out of pocket
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,305
Downpayment
20%
$64,100
Closing costs
1%
$3,205
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,726
Total Expenses
$3,877
Mortgage P&I
48%
$1,793
Property Taxes
19%
$703
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410