This property looks like a bad Mid-Term investment with a projected -5.01% first-year return on $86,733 initial cash invested.
-5.01%
Cash On Cash
5.63%
Cap Rate
0.86
DSCR
$2,649
Rent
-$362
Cashflow
Cash Flow
$2,649 income − $3,011 expenses = $362 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,733
Downpayment
20%
$65,460
Closing costs
1%
$3,273
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,649
Total Expenses
$3,011
Mortgage P&I
68%
$1,792
Property Taxes
7%
$175
Home Insurance
4%
$119
HOA
1%
$25
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291