This property looks like a bad Mid-Term investment with a projected -5.73% first-year return on $88,623 initial cash invested.
-5.73%
Cash On Cash
5.17%
Cap Rate
0.82
DSCR
$2,340
Rent
-$423
Cashflow
Cash Flow
$2,340 income − $2,763 expenses = $423 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,623
Downpayment
20%
$67,260
Closing costs
1%
$3,363
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,340
Total Expenses
$2,763
Mortgage P&I
76%
$1,779
Property Taxes
3%
$66
Home Insurance
5%
$122
HOA
0%
$0
Property Management
12%
$281
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$257