This property looks like a bad Mid-Term investment with a projected -8.98% first-year return on $88,602 initial cash invested.
-8.98%
Cash On Cash
4.7%
Cap Rate
0.72
DSCR
$3,460
Rent
-$663
Cashflow
Cash Flow
$3,460 income − $4,123 expenses = $663 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,602
Downpayment
20%
$67,240
Closing costs
1%
$3,362
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,460
Total Expenses
$4,123
Mortgage P&I
53%
$1,843
Property Taxes
26%
$915
Home Insurance
3%
$119
HOA
2%
$70
Property Management
12%
$415
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$381