This property looks like a bad Mid-Term investment with a projected -8.56% first-year return on $86,607 initial cash invested.
-8.56%
Cash On Cash
4.72%
Cap Rate
0.71
DSCR
$2,421
Rent
-$618
Cashflow
Cash Flow
$2,421 income − $3,039 expenses = $618 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,607
Downpayment
20%
$65,340
Closing costs
1%
$3,267
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,421
Total Expenses
$3,039
Mortgage P&I
75%
$1,805
Property Taxes
12%
$294
Home Insurance
5%
$116
HOA
0%
$0
Property Management
12%
$291
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$266