This property looks like a bad Mid-Term investment with a projected -0.83% first-year return on $87,804 initial cash invested.
-0.83%
Cash On Cash
6.46%
Cap Rate
1.04
DSCR
$3,188
Rent
-$61
Cashflow
Cash Flow
$3,188 income − $3,249 expenses = $61 out of pocket
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,804
Downpayment
20%
$66,480
Closing costs
1%
$3,324
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,188
Total Expenses
$3,249
Mortgage P&I
54%
$1,723
Property Taxes
10%
$318
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351