This property looks like a bad Mid-Term investment with a projected -1.86% first-year return on $84,738 initial cash invested.
-1.86%
Cash On Cash
6.59%
Cap Rate
1
DSCR
$3,098
Rent
-$131
Cashflow
Cash Flow
$3,098 income − $3,229 expenses = $131 out of pocket
Investment Breakdown
|
Purchase Price
$318k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,738
Downpayment
20%
$63,560
Closing costs
1%
$3,178
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,098
Total Expenses
$3,229
Mortgage P&I
57%
$1,751
Property Taxes
10%
$305
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$372
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$341