This property looks like a bad Mid-Term investment with a projected -8.99% first-year return on $86,859 initial cash invested.
-8.99%
Cash On Cash
4.46%
Cap Rate
0.68
DSCR
$1,929
Rent
-$651
Cashflow
Cash Flow
$1,929 income − $2,580 expenses = $651 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,859
Downpayment
20%
$65,580
Closing costs
1%
$3,279
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$1,929
Total Expenses
$2,580
Mortgage P&I
93%
$1,793
Property Taxes
1%
$15
Home Insurance
6%
$117
HOA
0%
$0
Property Management
12%
$231
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$212