This property looks like a bad Mid-Term investment with a projected -4.36% first-year return on $86,376 initial cash invested.
-4.36%
Cash On Cash
5.92%
Cap Rate
0.9
DSCR
$3,351
Rent
-$314
Cashflow
Cash Flow
$3,351 income − $3,665 expenses = $314 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,376
Downpayment
20%
$65,120
Closing costs
1%
$3,256
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,351
Total Expenses
$3,665
Mortgage P&I
53%
$1,785
Property Taxes
17%
$585
Home Insurance
4%
$118
HOA
1%
$37
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369