This property looks like a bad Mid-Term investment with a projected -1.88% first-year return on $86,985 initial cash invested.
-1.88%
Cash On Cash
6.61%
Cap Rate
1
DSCR
$3,434
Rent
-$136
Cashflow
Cash Flow
$3,434 income − $3,570 expenses = $136 out of pocket
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,985
Downpayment
20%
$65,700
Closing costs
1%
$3,285
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,434
Total Expenses
$3,570
Mortgage P&I
53%
$1,809
Property Taxes
9%
$297
Home Insurance
3%
$117
HOA
5%
$180
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$378