This property looks like a bad Mid-Term investment with a projected -6.01% first-year return on $86,397 initial cash invested.
-6.01%
Cash On Cash
5.37%
Cap Rate
0.82
DSCR
$2,698
Rent
-$433
Cashflow
Cash Flow
$2,698 income − $3,131 expenses = $433 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,397
Downpayment
20%
$65,140
Closing costs
1%
$3,257
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,698
Total Expenses
$3,131
Mortgage P&I
66%
$1,783
Property Taxes
11%
$300
Home Insurance
5%
$130
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297