This property looks like a bad Mid-Term investment with a projected -1.46% first-year return on $84,927 initial cash invested.
-1.46%
Cash On Cash
6.68%
Cap Rate
1.02
DSCR
$3,272
Rent
-$103
Cashflow
Cash Flow
$3,272 income − $3,375 expenses = $103 out of pocket
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,927
Downpayment
20%
$63,740
Closing costs
1%
$3,187
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,272
Total Expenses
$3,375
Mortgage P&I
53%
$1,746
Property Taxes
12%
$390
Home Insurance
3%
$114
HOA
0%
$12
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$360