This property looks like a bad Mid-Term investment with a projected -0.34% first-year return on $83,814 initial cash invested.
-0.34%
Cash On Cash
6.95%
Cap Rate
1.06
DSCR
$3,104
Rent
-$24
Cashflow
Cash Flow
$3,104 income − $3,128 expenses = $24 out of pocket
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,814
Downpayment
20%
$62,680
Closing costs
1%
$3,134
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,104
Total Expenses
$3,128
Mortgage P&I
55%
$1,716
Property Taxes
6%
$194
Home Insurance
4%
$110
HOA
2%
$54
Property Management
12%
$372
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$341