This property looks like a bad Mid-Term investment with a projected -0.32% first-year return on $78,900 initial cash invested.
-0.32%
Cash On Cash
7.13%
Cap Rate
1.07
DSCR
$3,336
Rent
-$21
Cashflow
Cash Flow
$3,336 income − $3,357 expenses = $21 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,900
Downpayment
20%
$58,000
Closing costs
1%
$2,900
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,336
Total Expenses
$3,357
Mortgage P&I
48%
$1,610
Property Taxes
13%
$449
Home Insurance
3%
$102
HOA
2%
$63
Property Management
12%
$400
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$367