This property looks like a bad Mid-Term investment with a projected -2.69% first-year return on $84,381 initial cash invested.
-2.69%
Cash On Cash
5.81%
Cap Rate
0.95
DSCR
$2,624
Rent
-$189
Cashflow
Cash Flow
$2,624 income − $2,813 expenses = $189 out of pocket
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,381
Downpayment
20%
$63,220
Closing costs
1%
$3,161
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,624
Total Expenses
$2,813
Mortgage P&I
62%
$1,614
Property Taxes
7%
$194
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289