This property looks like a bad Mid-Term investment with a projected -0.54% first-year return on $86,565 initial cash invested.
-0.54%
Cash On Cash
7.06%
Cap Rate
1.06
DSCR
$3,699
Rent
-$39
Cashflow
Cash Flow
$3,699 income − $3,738 expenses = $39 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,565
Downpayment
20%
$65,300
Closing costs
1%
$3,265
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,699
Total Expenses
$3,738
Mortgage P&I
49%
$1,812
Property Taxes
15%
$539
Home Insurance
3%
$116
HOA
0%
$13
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407