This property looks like a bad Mid-Term investment with a projected -0.16% first-year return on $88,770 initial cash invested.
-0.16%
Cash On Cash
6.9%
Cap Rate
1.07
DSCR
$3,514
Rent
-$12
Cashflow
Cash Flow
$3,514 income − $3,526 expenses = $12 out of pocket
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,770
Downpayment
20%
$67,400
Closing costs
1%
$3,370
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,514
Total Expenses
$3,526
Mortgage P&I
52%
$1,810
Property Taxes
11%
$402
Home Insurance
3%
$118
HOA
0%
$0
Property Management
12%
$422
CapEx
4%
$141
Vacancy
3%
$105
Maintenance
4%
$141
Other
11%
$387