This property looks like a bad Mid-Term investment with a projected -2.66% first-year return on $86,691 initial cash invested.
-2.66%
Cash On Cash
5.79%
Cap Rate
0.95
DSCR
$2,790
Rent
-$192
Cashflow
Cash Flow
$2,790 income − $2,982 expenses = $192 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,691
Downpayment
20%
$65,420
Closing costs
1%
$3,271
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,790
Total Expenses
$2,982
Mortgage P&I
59%
$1,658
Property Taxes
9%
$255
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$335
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$307