This property looks like a bad Mid-Term investment with a projected -1.38% first-year return on $87,027 initial cash invested.
-1.38%
Cash On Cash
6.79%
Cap Rate
1.02
DSCR
$3,486
Rent
-$100
Cashflow
Cash Flow
$3,486 income − $3,586 expenses = $100 out of pocket
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,027
Downpayment
20%
$65,740
Closing costs
1%
$3,287
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,486
Total Expenses
$3,586
Mortgage P&I
52%
$1,822
Property Taxes
13%
$449
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$418
CapEx
4%
$139
Vacancy
3%
$105
Maintenance
4%
$139
Other
11%
$383