This property looks like a bad Mid-Term investment with a projected -0.57% first-year return on $85,851 initial cash invested.
-0.57%
Cash On Cash
6.74%
Cap Rate
1.05
DSCR
$3,210
Rent
-$41
Cashflow
Cash Flow
$3,210 income − $3,251 expenses = $41 out of pocket
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,851
Downpayment
20%
$64,620
Closing costs
1%
$3,231
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,210
Total Expenses
$3,251
Mortgage P&I
54%
$1,727
Property Taxes
10%
$321
Home Insurance
4%
$113
HOA
0%
$0
Property Management
12%
$385
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$353