This property looks like a bad Mid-Term investment with a projected -0.55% first-year return on $83,457 initial cash invested.
-0.55%
Cash On Cash
6.81%
Cap Rate
1.06
DSCR
$3,340
Rent
-$38
Cashflow
Cash Flow
$3,340 income − $3,378 expenses = $38 out of pocket
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,457
Downpayment
20%
$62,340
Closing costs
1%
$3,117
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,340
Total Expenses
$3,378
Mortgage P&I
50%
$1,672
Property Taxes
14%
$460
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$401
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$367