This property looks like a bad Mid-Term investment with a projected -0.89% first-year return on $90,723 initial cash invested.
-0.89%
Cash On Cash
6.92%
Cap Rate
1.03
DSCR
$3,362
Rent
-$67
Cashflow
Cash Flow
$3,362 income − $3,429 expenses = $67 out of pocket
Investment Breakdown
|
Purchase Price
$346k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,723
Downpayment
20%
$69,260
Closing costs
1%
$3,463
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,362
Total Expenses
$3,429
Mortgage P&I
57%
$1,929
Property Taxes
7%
$236
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$370