This property looks like a bad Mid-Term investment with a projected -4.62% first-year return on $90,576 initial cash invested.
-4.62%
Cash On Cash
5.63%
Cap Rate
0.88
DSCR
$3,126
Rent
-$349
Cashflow
Cash Flow
$3,126 income − $3,475 expenses = $349 out of pocket
Investment Breakdown
|
Purchase Price
$346k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,576
Downpayment
20%
$69,120
Closing costs
1%
$3,456
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,126
Total Expenses
$3,475
Mortgage P&I
59%
$1,845
Property Taxes
11%
$343
Home Insurance
4%
$122
HOA
3%
$102
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344