This property looks like a bad Mid-Term investment with a projected -5.61% first-year return on $85,515 initial cash invested.
-5.61%
Cash On Cash
5.42%
Cap Rate
0.83
DSCR
$2,625
Rent
-$400
Cashflow
Cash Flow
$2,625 income − $3,025 expenses = $400 out of pocket
Investment Breakdown
|
Purchase Price
$322k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,515
Downpayment
20%
$64,300
Closing costs
1%
$3,215
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,625
Total Expenses
$3,025
Mortgage P&I
67%
$1,747
Property Taxes
10%
$271
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289