This property looks like a bad Mid-Term investment with a projected 0% first-year return on $92,550 initial cash invested.
0%
Cash On Cash
7.14%
Cap Rate
1.08
DSCR
$3,768
Rent
$0
Cashflow
Cash Flow
$3,768 income − $3,768 expenses = $0 cash flow
Investment Breakdown
|
Purchase Price
$355k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,550
Downpayment
20%
$71,000
Closing costs
1%
$3,550
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,768
Total Expenses
$3,768
Mortgage P&I
52%
$1,962
Property Taxes
10%
$376
Home Insurance
3%
$124
HOA
1%
$25
Property Management
12%
$452
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$414