This property looks like a bad Mid-Term investment with a projected -0.97% first-year return on $86,859 initial cash invested.
-0.97%
Cash On Cash
6.92%
Cap Rate
1.03
DSCR
$3,196
Rent
-$70
Cashflow
Cash Flow
$3,196 income − $3,266 expenses = $70 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,196
Total Expenses
$3,266
Mortgage P&I
57%
$1,834
Property Taxes
7%
$208
Home Insurance
4%
$115
HOA
1%
$21
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352