This property looks like a bad Mid-Term investment with a projected -4.94% first-year return on $86,397 initial cash invested.
-4.94%
Cash On Cash
5.73%
Cap Rate
0.86
DSCR
$2,607
Rent
-$356
Cashflow
Cash Flow
$2,607 income − $2,963 expenses = $356 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,397
Downpayment
20%
$65,140
Closing costs
1%
$3,257
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,607
Total Expenses
$2,963
Mortgage P&I
69%
$1,808
Property Taxes
6%
$150
Home Insurance
5%
$119
HOA
0%
$0
Property Management
12%
$313
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$287