This property looks like a bad Mid-Term investment with a projected -0.14% first-year return on $83,709 initial cash invested.
-0.14%
Cash On Cash
7.01%
Cap Rate
1.07
DSCR
$3,087
Rent
-$10
Cashflow
Cash Flow
$3,087 income − $3,097 expenses = $10 out of pocket
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,709
Downpayment
20%
$62,580
Closing costs
1%
$3,129
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,087
Total Expenses
$3,097
Mortgage P&I
56%
$1,715
Property Taxes
7%
$202
Home Insurance
4%
$110
HOA
1%
$21
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$93
Maintenance
4%
$123
Other
11%
$340