This property looks like a bad Mid-Term investment with a projected -1.78% first-year return on $87,006 initial cash invested.
-1.78%
Cash On Cash
6.53%
Cap Rate
1
DSCR
$3,099
Rent
-$129
Cashflow
Cash Flow
$3,099 income − $3,228 expenses = $129 out of pocket
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,006
Downpayment
20%
$65,720
Closing costs
1%
$3,286
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,099
Total Expenses
$3,228
Mortgage P&I
58%
$1,793
Property Taxes
4%
$117
Home Insurance
4%
$116
HOA
5%
$148
Property Management
12%
$372
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$341