This property looks like a bad Mid-Term investment with a projected -0.53% first-year return on $80,979 initial cash invested.
-0.53%
Cash On Cash
6.68%
Cap Rate
1.05
DSCR
$2,787
Rent
-$36
Cashflow
Cash Flow
$2,787 income − $2,823 expenses = $36 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,787
Total Expenses
$2,823
Mortgage P&I
57%
$1,594
Property Taxes
6%
$177
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$84
Maintenance
4%
$111
Other
11%
$307