This property looks like a bad Mid-Term investment with a projected -1.93% first-year return on $85,767 initial cash invested.
-1.93%
Cash On Cash
6.65%
Cap Rate
1
DSCR
$3,314
Rent
-$138
Cashflow
Cash Flow
$3,314 income − $3,452 expenses = $138 out of pocket
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,767
Downpayment
20%
$64,540
Closing costs
1%
$3,227
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,314
Total Expenses
$3,452
Mortgage P&I
54%
$1,794
Property Taxes
12%
$408
Home Insurance
3%
$114
HOA
0%
$8
Property Management
12%
$398
CapEx
4%
$133
Vacancy
3%
$99
Maintenance
4%
$133
Other
11%
$365