This property looks like a bad Mid-Term investment with a projected -8.65% first-year return on $86,563 initial cash invested.
-8.65%
Cash On Cash
4.31%
Cap Rate
0.7
DSCR
$2,746
Rent
-$624
Cashflow
Cash Flow
$2,746 income − $3,370 expenses = $624 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,563
Downpayment
20%
$65,298
Closing costs
1%
$3,265
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,746
Total Expenses
$3,370
Mortgage P&I
61%
$1,688
Property Taxes
23%
$634
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302