This property looks like a bad Mid-Term investment with a projected -5.57% first-year return on $84,171 initial cash invested.
-5.57%
Cash On Cash
5.48%
Cap Rate
0.83
DSCR
$2,648
Rent
-$391
Cashflow
Cash Flow
$2,648 income − $3,039 expenses = $391 out of pocket
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,171
Downpayment
20%
$63,020
Closing costs
1%
$3,151
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,648
Total Expenses
$3,039
Mortgage P&I
65%
$1,725
Property Taxes
10%
$274
Home Insurance
5%
$140
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291