This property looks like a bad Mid-Term investment with a projected -4.08% first-year return on $88,602 initial cash invested.
-4.08%
Cash On Cash
5.84%
Cap Rate
0.91
DSCR
$3,498
Rent
-$301
Cashflow
Cash Flow
$3,498 income − $3,799 expenses = $301 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,602
Downpayment
20%
$67,240
Closing costs
1%
$3,362
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,498
Total Expenses
$3,799
Mortgage P&I
51%
$1,796
Property Taxes
18%
$626
Home Insurance
4%
$140
HOA
1%
$47
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385