This property looks like a bad Mid-Term investment with a projected -4.29% first-year return on $86,775 initial cash invested.
-4.29%
Cash On Cash
5.51%
Cap Rate
0.89
DSCR
$3,213
Rent
-$310
Cashflow
Cash Flow
$3,213 income − $3,523 expenses = $310 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,775
Downpayment
20%
$65,500
Closing costs
1%
$3,275
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,213
Total Expenses
$3,523
Mortgage P&I
52%
$1,685
Property Taxes
18%
$587
Home Insurance
4%
$115
HOA
1%
$43
Property Management
12%
$386
CapEx
4%
$129
Vacancy
3%
$96
Maintenance
4%
$129
Other
11%
$353