This property looks like a bad Mid-Term investment with a projected -0.47% first-year return on $86,691 initial cash invested.
-0.47%
Cash On Cash
6.53%
Cap Rate
1.06
DSCR
$3,560
Rent
-$34
Cashflow
Cash Flow
$3,560 income − $3,594 expenses = $34 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.6%
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
$3,560
Total Expenses
$3,594
Mortgage P&I
47%
$1,672
Property Taxes
17%
$600
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$392