This property looks like a bad Mid-Term investment with a projected -3.46% first-year return on $87,363 initial cash invested.
-3.46%
Cash On Cash
5.94%
Cap Rate
0.93
DSCR
$3,075
Rent
-$252
Cashflow
Cash Flow
$3,075 income − $3,327 expenses = $252 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,363
Downpayment
20%
$66,060
Closing costs
1%
$3,303
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,075
Total Expenses
$3,327
Mortgage P&I
57%
$1,765
Property Taxes
13%
$387
Home Insurance
4%
$130
HOA
0%
$0
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338