This property looks like a bad Mid-Term investment with a projected -0.01% first-year return on $82,827 initial cash invested.
-0.01%
Cash On Cash
6.88%
Cap Rate
1.08
DSCR
$3,166
Rent
-$1
Cashflow
Cash Flow
$3,166 income − $3,167 expenses = $1 out of pocket
Investment Breakdown
|
Purchase Price
$309k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,827
Downpayment
20%
$61,740
Closing costs
1%
$3,087
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,166
Total Expenses
$3,167
Mortgage P&I
52%
$1,643
Property Taxes
10%
$331
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$380
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$348