This property looks like a bad Mid-Term investment with a projected -0.59% first-year return on $89,694 initial cash invested.
-0.59%
Cash On Cash
6.98%
Cap Rate
1.06
DSCR
$3,774
Rent
-$44
Cashflow
Cash Flow
$3,774 income − $3,818 expenses = $44 out of pocket
Investment Breakdown
|
Purchase Price
$341k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,694
Downpayment
20%
$68,280
Closing costs
1%
$3,414
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,774
Total Expenses
$3,818
Mortgage P&I
50%
$1,878
Property Taxes
14%
$528
Home Insurance
3%
$121
HOA
0%
$8
Property Management
12%
$453
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$415