This property looks like a bad Mid-Term investment with a projected -0.23% first-year return on $77,976 initial cash invested.
-0.23%
Cash On Cash
7.09%
Cap Rate
1.07
DSCR
$3,016
Rent
-$15
Cashflow
Cash Flow
$3,016 income − $3,031 expenses = $15 out of pocket
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,976
Downpayment
20%
$57,120
Closing costs
1%
$2,856
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,016
Total Expenses
$3,031
Mortgage P&I
52%
$1,581
Property Taxes
11%
$323
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$90
Maintenance
4%
$121
Other
11%
$332