This property looks like a bad Mid-Term investment with a projected -0.6% first-year return on $83,919 initial cash invested.
-0.6%
Cash On Cash
7%
Cap Rate
1.05
DSCR
$3,232
Rent
-$42
Cashflow
Cash Flow
$3,232 income − $3,274 expenses = $42 out of pocket
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,919
Downpayment
20%
$62,780
Closing costs
1%
$3,139
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,232
Total Expenses
$3,274
Mortgage P&I
54%
$1,745
Property Taxes
9%
$302
Home Insurance
3%
$110
HOA
1%
$18
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356