This property looks like a bad Mid-Term investment with a projected -0.77% first-year return on $88,539 initial cash invested.
-0.77%
Cash On Cash
7%
Cap Rate
1.04
DSCR
$3,346
Rent
-$57
Cashflow
Cash Flow
$3,346 income − $3,403 expenses = $57 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,539
Downpayment
20%
$67,180
Closing costs
1%
$3,359
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,346
Total Expenses
$3,403
Mortgage P&I
56%
$1,883
Property Taxes
8%
$268
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$368