This property looks like a bad Mid-Term investment with a projected -0.02% first-year return on $79,698 initial cash invested.
-0.02%
Cash On Cash
7.1%
Cap Rate
1.07
DSCR
$3,034
Rent
-$1
Cashflow
Cash Flow
$3,034 income − $3,035 expenses = $1 out of pocket
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,698
Downpayment
20%
$58,760
Closing costs
1%
$2,938
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,034
Total Expenses
$3,035
Mortgage P&I
53%
$1,619
Property Taxes
9%
$280
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$334