This property looks like a bad Mid-Term investment with a projected 0% first-year return on $78,963 initial cash invested.
0%
Cash On Cash
7.11%
Cap Rate
1.07
DSCR
$2,739
Rent
$0
Cashflow
Cash Flow
$2,739 income − $2,739 expenses = $0 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,963
Downpayment
20%
$58,060
Closing costs
1%
$2,903
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,739
Total Expenses
$2,739
Mortgage P&I
59%
$1,611
Property Taxes
3%
$92
Home Insurance
4%
$104
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$301