This property looks like a bad Mid-Term investment with a projected -0.17% first-year return on $84,192 initial cash invested.
-0.17%
Cash On Cash
7.21%
Cap Rate
1.07
DSCR
$3,612
Rent
-$12
Cashflow
Cash Flow
$3,612 income − $3,624 expenses = $12 out of pocket
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,192
Downpayment
20%
$63,040
Closing costs
1%
$3,152
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,612
Total Expenses
$3,624
Mortgage P&I
49%
$1,763
Property Taxes
14%
$523
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$433
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$397