This property looks like a bad Mid-Term investment with a projected -0.46% first-year return on $89,190 initial cash invested.
-0.46%
Cash On Cash
6.89%
Cap Rate
1.05
DSCR
$3,286
Rent
-$34
Cashflow
Cash Flow
$3,286 income − $3,320 expenses = $34 out of pocket
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,190
Downpayment
20%
$67,800
Closing costs
1%
$3,390
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,286
Total Expenses
$3,320
Mortgage P&I
56%
$1,850
Property Taxes
7%
$235
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$394
CapEx
4%
$131
Vacancy
3%
$99
Maintenance
4%
$131
Other
11%
$361