This property looks like a bad Mid-Term investment with a projected -0.13% first-year return on $84,801 initial cash invested.
-0.13%
Cash On Cash
6.98%
Cap Rate
1.07
DSCR
$3,189
Rent
-$9
Cashflow
Cash Flow
$3,189 income − $3,198 expenses = $9 out of pocket
Investment Breakdown
|
Purchase Price
$318k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,801
Downpayment
20%
$63,620
Closing costs
1%
$3,181
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,189
Total Expenses
$3,198
Mortgage P&I
54%
$1,732
Property Taxes
8%
$268
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351