This property looks like a bad Mid-Term investment with a projected -4.19% first-year return on $87,090 initial cash invested.
-4.19%
Cash On Cash
5.73%
Cap Rate
0.9
DSCR
$3,118
Rent
-$304
Cashflow
Cash Flow
$3,118 income − $3,422 expenses = $304 out of pocket
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,090
Downpayment
20%
$65,800
Closing costs
1%
$3,290
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,118
Total Expenses
$3,422
Mortgage P&I
56%
$1,751
Property Taxes
16%
$496
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$343