This property looks like a bad Mid-Term investment with a projected -0.64% first-year return on $86,523 initial cash invested.
-0.64%
Cash On Cash
6.36%
Cap Rate
1.04
DSCR
$2,796
Rent
-$46
Cashflow
Cash Flow
$2,796 income − $2,842 expenses = $46 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,796
Total Expenses
$2,842
Mortgage P&I
59%
$1,663
Property Taxes
4%
$110
Home Insurance
4%
$117
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308