This property looks like a bad Mid-Term investment with a projected -2.17% first-year return on $86,649 initial cash invested.
-2.17%
Cash On Cash
6.03%
Cap Rate
0.98
DSCR
$2,895
Rent
-$157
Cashflow
Cash Flow
$2,895 income − $3,052 expenses = $157 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,649
Downpayment
20%
$65,380
Closing costs
1%
$3,269
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,895
Total Expenses
$3,052
Mortgage P&I
58%
$1,684
Property Taxes
9%
$269
Home Insurance
4%
$115
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318