This property looks like a bad Mid-Term investment with a projected -2.1% first-year return on $86,796 initial cash invested.
-2.1%
Cash On Cash
6.53%
Cap Rate
0.99
DSCR
$3,416
Rent
-$152
Cashflow
Cash Flow
$3,416 income − $3,568 expenses = $152 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,796
Downpayment
20%
$65,520
Closing costs
1%
$3,276
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,416
Total Expenses
$3,568
Mortgage P&I
53%
$1,799
Property Taxes
9%
$303
Home Insurance
3%
$110
HOA
6%
$194
Property Management
12%
$410
CapEx
4%
$137
Vacancy
3%
$102
Maintenance
4%
$137
Other
11%
$376