This property looks like a bad Mid-Term investment with a projected -1.02% first-year return on $87,090 initial cash invested.
-1.02%
Cash On Cash
6.82%
Cap Rate
1.03
DSCR
$3,357
Rent
-$74
Cashflow
Cash Flow
$3,357 income − $3,431 expenses = $74 out of pocket
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,090
Downpayment
20%
$65,800
Closing costs
1%
$3,290
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,357
Total Expenses
$3,431
Mortgage P&I
54%
$1,811
Property Taxes
11%
$364
Home Insurance
3%
$115
HOA
0%
$0
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369