This property looks like a bad Mid-Term investment with a projected -4.75% first-year return on $86,397 initial cash invested.
-4.75%
Cash On Cash
5.91%
Cap Rate
0.88
DSCR
$3,068
Rent
-$342
Cashflow
Cash Flow
$3,068 income − $3,410 expenses = $342 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,397
Downpayment
20%
$65,140
Closing costs
1%
$3,257
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,068
Total Expenses
$3,410
Mortgage P&I
59%
$1,822
Property Taxes
14%
$429
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$337