This property looks like a bad Mid-Term investment with a projected -8.32% first-year return on $88,560 initial cash invested.
-8.32%
Cash On Cash
4.69%
Cap Rate
0.72
DSCR
$2,554
Rent
-$614
Cashflow
Cash Flow
$2,554 income − $3,168 expenses = $614 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,560
Downpayment
20%
$67,200
Closing costs
1%
$3,360
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,554
Total Expenses
$3,168
Mortgage P&I
72%
$1,826
Property Taxes
14%
$352
Home Insurance
5%
$122
HOA
0%
$0
Property Management
12%
$306
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281