This property looks like a bad Mid-Term investment with a projected 0% first-year return on $82,596 initial cash invested.
0%
Cash On Cash
6.78%
Cap Rate
1.08
DSCR
$3,202
Rent
$0
Cashflow
Cash Flow
$3,202 income − $3,202 expenses = $0 cash flow
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,596
Downpayment
20%
$61,520
Closing costs
1%
$3,076
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,202
Total Expenses
$3,202
Mortgage P&I
50%
$1,610
Property Taxes
13%
$420
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352