This property looks like a bad Mid-Term investment with a projected -0.27% first-year return on $88,539 initial cash invested.
-0.27%
Cash On Cash
6.59%
Cap Rate
1.07
DSCR
$3,363
Rent
-$20
Cashflow
Cash Flow
$3,363 income − $3,383 expenses = $20 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,539
Downpayment
20%
$67,180
Closing costs
1%
$3,359
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,363
Total Expenses
$3,383
Mortgage P&I
51%
$1,731
Property Taxes
11%
$382
Home Insurance
4%
$121
HOA
0%
$4
Property Management
12%
$404
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$370