This property looks like a bad Mid-Term investment with a projected -5.09% first-year return on $86,544 initial cash invested.
-5.09%
Cash On Cash
5.54%
Cap Rate
0.86
DSCR
$3,138
Rent
-$367
Cashflow
Cash Flow
$3,138 income − $3,505 expenses = $367 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,544
Downpayment
20%
$65,280
Closing costs
1%
$3,264
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,138
Total Expenses
$3,505
Mortgage P&I
56%
$1,749
Property Taxes
18%
$566
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$377
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$345