This property looks like a bad Mid-Term investment with a projected 0% first-year return on $84,780 initial cash invested.
0%
Cash On Cash
6.92%
Cap Rate
1.07
DSCR
$3,088
Rent
$0
Cashflow
Cash Flow
$3,088 income − $3,088 expenses = $0 cash flow
Investment Breakdown
|
Purchase Price
$318k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,780
Downpayment
20%
$63,600
Closing costs
1%
$3,180
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,088
Total Expenses
$3,088
Mortgage P&I
55%
$1,711
Property Taxes
5%
$145
Home Insurance
4%
$124
HOA
2%
$56
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340