This property looks like a bad Mid-Term investment with a projected -0.17% first-year return on $98,157 initial cash invested.
-0.17%
Cash On Cash
7.03%
Cap Rate
1.07
DSCR
$3,968
Rent
-$14
Cashflow
Cash Flow
$3,968 income − $3,982 expenses = $14 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,157
Downpayment
20%
$76,340
Closing costs
1%
$3,817
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,968
Total Expenses
$3,982
Mortgage P&I
53%
$2,090
Property Taxes
10%
$407
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$476
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$436