This property looks like a bad Mid-Term investment with a projected -1.88% first-year return on $87,237 initial cash invested.
-1.88%
Cash On Cash
6.74%
Cap Rate
1
DSCR
$3,351
Rent
-$137
Cashflow
Cash Flow
$3,351 income − $3,488 expenses = $137 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,237
Downpayment
20%
$65,940
Closing costs
1%
$3,297
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,351
Total Expenses
$3,488
Mortgage P&I
55%
$1,855
Property Taxes
11%
$376
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369