This property looks like a bad Mid-Term investment with a projected -6.67% first-year return on $88,350 initial cash invested.
-6.67%
Cash On Cash
4.95%
Cap Rate
0.78
DSCR
$2,445
Rent
-$491
Cashflow
Cash Flow
$2,445 income − $2,936 expenses = $491 out of pocket
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,350
Downpayment
20%
$67,000
Closing costs
1%
$3,350
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,445
Total Expenses
$2,936
Mortgage P&I
73%
$1,774
Property Taxes
9%
$214
Home Insurance
5%
$117
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$269