This property looks like a bad Mid-Term investment with a projected -0.31% first-year return on $86,376 initial cash invested.
-0.31%
Cash On Cash
6.59%
Cap Rate
1.06
DSCR
$2,991
Rent
-$22
Cashflow
Cash Flow
$2,991 income − $3,013 expenses = $22 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,376
Downpayment
20%
$65,120
Closing costs
1%
$3,256
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,991
Total Expenses
$3,013
Mortgage P&I
56%
$1,689
Property Taxes
6%
$191
Home Insurance
4%
$115
HOA
0%
$0
Property Management
12%
$359
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$329