This property looks like a bad Mid-Term investment with a projected -1.62% first-year return on $86,418 initial cash invested.
-1.62%
Cash On Cash
6.58%
Cap Rate
1
DSCR
$2,868
Rent
-$117
Cashflow
Cash Flow
$2,868 income − $2,985 expenses = $117 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,418
Downpayment
20%
$65,160
Closing costs
1%
$3,258
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,868
Total Expenses
$2,985
Mortgage P&I
62%
$1,789
Property Taxes
4%
$102
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$344
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$315