This property looks like a bad Mid-Term investment with a projected -0.03% first-year return on $85,179 initial cash invested.
-0.03%
Cash On Cash
7.08%
Cap Rate
1.07
DSCR
$3,182
Rent
-$2
Cashflow
Cash Flow
$3,182 income − $3,184 expenses = $2 out of pocket
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,179
Downpayment
20%
$63,980
Closing costs
1%
$3,199
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,182
Total Expenses
$3,184
Mortgage P&I
55%
$1,763
Property Taxes
7%
$228
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350