This property looks like a bad Mid-Term investment with a projected 0% first-year return on $95,175 initial cash invested.
0%
Cash On Cash
6.82%
Cap Rate
1.07
DSCR
$3,322
Rent
$0
Cashflow
Cash Flow
$3,322 income − $3,322 expenses = $0 cash flow
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,175
Downpayment
20%
$73,500
Closing costs
1%
$3,675
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,322
Total Expenses
$3,322
Mortgage P&I
59%
$1,955
Property Taxes
3%
$108
Home Insurance
4%
$129
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365