This property looks like a bad Mid-Term investment with a projected -1.62% first-year return on $84,633 initial cash invested.
-1.62%
Cash On Cash
6.49%
Cap Rate
1
DSCR
$2,694
Rent
-$114
Cashflow
Cash Flow
$2,694 income − $2,808 expenses = $114 out of pocket
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,633
Downpayment
20%
$63,460
Closing costs
1%
$3,173
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,694
Total Expenses
$2,808
Mortgage P&I
64%
$1,721
Property Taxes
2%
$57
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296