This property looks like a bad Mid-Term investment with a projected -0.44% first-year return on $88,203 initial cash invested.
-0.44%
Cash On Cash
6.71%
Cap Rate
1.06
DSCR
$3,324
Rent
-$32
Cashflow
Cash Flow
$3,324 income − $3,356 expenses = $32 out of pocket
Investment Breakdown
|
Purchase Price
$334k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,203
Downpayment
20%
$66,860
Closing costs
1%
$3,343
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,324
Total Expenses
$3,356
Mortgage P&I
53%
$1,768
Property Taxes
9%
$309
Home Insurance
4%
$119
HOA
1%
$29
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$366