This property looks like a bad Mid-Term investment with a projected -0.08% first-year return on $87,279 initial cash invested.
-0.08%
Cash On Cash
6.84%
Cap Rate
1.07
DSCR
$3,292
Rent
-$6
Cashflow
Cash Flow
$3,292 income − $3,298 expenses = $6 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,292
Total Expenses
$3,298
Mortgage P&I
53%
$1,755
Property Taxes
9%
$307
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362