This property looks like a bad Mid-Term investment with a projected -7.37% first-year return on $88,749 initial cash invested.
-7.37%
Cash On Cash
4.88%
Cap Rate
0.76
DSCR
$2,619
Rent
-$545
Cashflow
Cash Flow
$2,619 income − $3,164 expenses = $545 out of pocket
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,749
Downpayment
20%
$67,380
Closing costs
1%
$3,369
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,619
Total Expenses
$3,164
Mortgage P&I
69%
$1,810
Property Taxes
13%
$348
Home Insurance
4%
$115
HOA
0%
$0
Property Management
12%
$314
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$288