This property looks like a bad Mid-Term investment with a projected 0% first-year return on $82,680 initial cash invested.
0%
Cash On Cash
7.02%
Cap Rate
1.07
DSCR
$2,832
Rent
$0
Cashflow
Cash Flow
$2,832 income − $2,832 expenses = $0 cash flow
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,680
Downpayment
20%
$61,600
Closing costs
1%
$3,080
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,832
Total Expenses
$2,832
Mortgage P&I
60%
$1,688
Property Taxes
3%
$76
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$312