This property looks like a bad Mid-Term investment with a projected -6.06% first-year return on $86,502 initial cash invested.
-6.06%
Cash On Cash
5.32%
Cap Rate
0.81
DSCR
$2,660
Rent
-$437
Cashflow
Cash Flow
$2,660 income − $3,097 expenses = $437 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,502
Downpayment
20%
$65,240
Closing costs
1%
$3,262
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,660
Total Expenses
$3,097
Mortgage P&I
67%
$1,776
Property Taxes
9%
$242
Home Insurance
4%
$108
HOA
3%
$67
Property Management
12%
$319
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$293