This property looks like a bad Mid-Term investment with a projected -5.52% first-year return on $85,074 initial cash invested.
-5.52%
Cash On Cash
5.14%
Cap Rate
0.82
DSCR
$2,367
Rent
-$391
Cashflow
Cash Flow
$2,367 income − $2,758 expenses = $391 out of pocket
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,074
Downpayment
20%
$63,880
Closing costs
1%
$3,194
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,367
Total Expenses
$2,758
Mortgage P&I
70%
$1,664
Property Taxes
7%
$173
Home Insurance
5%
$116
HOA
0%
$0
Property Management
12%
$284
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$260