This property looks like a bad Mid-Term investment with a projected -7.18% first-year return on $86,628 initial cash invested.
-7.18%
Cash On Cash
5.2%
Cap Rate
0.77
DSCR
$2,372
Rent
-$518
Cashflow
Cash Flow
$2,372 income − $2,890 expenses = $518 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,628
Downpayment
20%
$65,360
Closing costs
1%
$3,268
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,372
Total Expenses
$2,890
Mortgage P&I
77%
$1,838
Property Taxes
5%
$123
Home Insurance
5%
$122
HOA
0%
$0
Property Management
12%
$285
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$261