This property looks like a bad Mid-Term investment with a projected -0.62% first-year return on $90,534 initial cash invested.
-0.62%
Cash On Cash
6.94%
Cap Rate
1.05
DSCR
$3,357
Rent
-$47
Cashflow
Cash Flow
$3,357 income − $3,404 expenses = $47 out of pocket
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,534
Downpayment
20%
$69,080
Closing costs
1%
$3,454
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,357
Total Expenses
$3,404
Mortgage P&I
57%
$1,912
Property Taxes
7%
$225
Home Insurance
4%
$126
HOA
0%
$0
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369