This property looks like a bad Mid-Term investment with a projected -0.16% first-year return on $88,476 initial cash invested.
-0.16%
Cash On Cash
7.06%
Cap Rate
1.07
DSCR
$3,428
Rent
-$12
Cashflow
Cash Flow
$3,428 income − $3,440 expenses = $12 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,476
Downpayment
20%
$67,120
Closing costs
1%
$3,356
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,428
Total Expenses
$3,440
Mortgage P&I
54%
$1,850
Property Taxes
8%
$290
Home Insurance
4%
$135
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377