This property looks like a bad Mid-Term investment with a projected -5.82% first-year return on $85,368 initial cash invested.
-5.82%
Cash On Cash
5.37%
Cap Rate
0.82
DSCR
$2,646
Rent
-$414
Cashflow
Cash Flow
$2,646 income − $3,060 expenses = $414 out of pocket
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,368
Downpayment
20%
$64,160
Closing costs
1%
$3,208
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,646
Total Expenses
$3,060
Mortgage P&I
66%
$1,743
Property Taxes
11%
$303
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291