This property looks like a bad Mid-Term investment with a projected -0.46% first-year return on $85,410 initial cash invested.
-0.46%
Cash On Cash
7.02%
Cap Rate
1.06
DSCR
$3,423
Rent
-$33
Cashflow
Cash Flow
$3,423 income − $3,456 expenses = $33 out of pocket
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,410
Downpayment
20%
$64,200
Closing costs
1%
$3,210
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,423
Total Expenses
$3,456
Mortgage P&I
52%
$1,773
Property Taxes
12%
$410
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377