This property looks like a bad Mid-Term investment with a projected -0.01% first-year return on $88,749 initial cash invested.
-0.01%
Cash On Cash
6.54%
Cap Rate
1.07
DSCR
$2,998
Rent
-$1
Cashflow
Cash Flow
$2,998 income − $2,999 expenses = $1 out of pocket
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,749
Downpayment
20%
$67,380
Closing costs
1%
$3,369
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,998
Total Expenses
$2,999
Mortgage P&I
57%
$1,717
Property Taxes
5%
$140
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330