This property looks like a bad Mid-Term investment with a projected -1.77% first-year return on $88,602 initial cash invested.
-1.77%
Cash On Cash
6.54%
Cap Rate
1
DSCR
$3,072
Rent
-$131
Cashflow
Cash Flow
$3,072 income − $3,203 expenses = $131 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,072
Total Expenses
$3,203
Mortgage P&I
60%
$1,841
Property Taxes
6%
$198
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338