This property looks like a bad Mid-Term investment with a projected 0% first-year return on $80,979 initial cash invested.
0%
Cash On Cash
6.97%
Cap Rate
1.07
DSCR
$2,708
Rent
$0
Cashflow
Cash Flow
$2,708 income − $2,708 expenses = $0 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,708
Total Expenses
$2,708
Mortgage P&I
60%
$1,633
Property Taxes
2%
$50
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298