This property looks like a bad Mid-Term investment with a projected -3.79% first-year return on $86,796 initial cash invested.
-3.79%
Cash On Cash
6.29%
Cap Rate
0.92
DSCR
$3,074
Rent
-$274
Cashflow
Cash Flow
$3,074 income − $3,348 expenses = $274 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,796
Downpayment
20%
$65,520
Closing costs
1%
$3,276
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,074
Total Expenses
$3,348
Mortgage P&I
61%
$1,867
Property Taxes
10%
$320
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338