This property looks like a bad Mid-Term investment with a projected -0.19% first-year return on $87,552 initial cash invested.
-0.19%
Cash On Cash
6.87%
Cap Rate
1.07
DSCR
$3,513
Rent
-$14
Cashflow
Cash Flow
$3,513 income − $3,527 expenses = $14 out of pocket
Investment Breakdown
|
Purchase Price
$331k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,552
Downpayment
20%
$66,240
Closing costs
1%
$3,312
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,513
Total Expenses
$3,527
Mortgage P&I
50%
$1,770
Property Taxes
12%
$427
Home Insurance
4%
$135
HOA
0%
$0
Property Management
12%
$422
CapEx
4%
$141
Vacancy
3%
$105
Maintenance
4%
$141
Other
11%
$386