This property looks like a bad Mid-Term investment with a projected -0.07% first-year return on $86,922 initial cash invested.
-0.07%
Cash On Cash
6.83%
Cap Rate
1.08
DSCR
$3,642
Rent
-$5
Cashflow
Cash Flow
$3,642 income − $3,647 expenses = $5 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,922
Downpayment
20%
$65,640
Closing costs
1%
$3,282
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,642
Total Expenses
$3,647
Mortgage P&I
47%
$1,728
Property Taxes
15%
$563
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$437
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$401