This property looks like a bad Mid-Term investment with a projected -13.82% first-year return on $87,279 initial cash invested.
-13.82%
Cash On Cash
2.78%
Cap Rate
0.45
DSCR
$1,692
Rent
-$1,005
Cashflow
Cash Flow
$1,692 income − $2,697 expenses = $1,005 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$1,692
Total Expenses
$2,697
Mortgage P&I
101%
$1,701
Property Taxes
18%
$304
Home Insurance
7%
$116
HOA
0%
$0
Property Management
12%
$203
CapEx
4%
$68
Vacancy
3%
$51
Maintenance
4%
$68
Other
11%
$186