This property looks like a bad Mid-Term investment with a projected -4.99% first-year return on $88,476 initial cash invested.
-4.99%
Cash On Cash
5.49%
Cap Rate
0.85
DSCR
$2,478
Rent
-$368
Cashflow
Cash Flow
$2,478 income − $2,846 expenses = $368 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,476
Downpayment
20%
$67,120
Closing costs
1%
$3,356
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,478
Total Expenses
$2,846
Mortgage P&I
73%
$1,803
Property Taxes
2%
$52
Home Insurance
5%
$122
HOA
1%
$27
Property Management
12%
$297
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$273