This property looks like a bad Mid-Term investment with a projected -5.42% first-year return on $86,754 initial cash invested.
-5.42%
Cash On Cash
5.71%
Cap Rate
0.85
DSCR
$3,039
Rent
-$392
Cashflow
Cash Flow
$3,039 income − $3,431 expenses = $392 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,754
Downpayment
20%
$65,480
Closing costs
1%
$3,274
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,039
Total Expenses
$3,431
Mortgage P&I
60%
$1,829
Property Taxes
14%
$434
Home Insurance
4%
$116
HOA
1%
$18
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$334