This property looks like a bad Mid-Term investment with a projected -4.42% first-year return on $86,523 initial cash invested.
-4.42%
Cash On Cash
5.78%
Cap Rate
0.88
DSCR
$2,820
Rent
-$319
Cashflow
Cash Flow
$2,820 income − $3,139 expenses = $319 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,523
Downpayment
20%
$65,260
Closing costs
1%
$3,263
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,820
Total Expenses
$3,139
Mortgage P&I
63%
$1,778
Property Taxes
10%
$288
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$310