This property looks like a bad Mid-Term investment with a projected -0.27% first-year return on $87,489 initial cash invested.
-0.27%
Cash On Cash
7.11%
Cap Rate
1.07
DSCR
$3,526
Rent
-$20
Cashflow
Cash Flow
$3,526 income − $3,546 expenses = $20 out of pocket
Investment Breakdown
|
Purchase Price
$331k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,489
Downpayment
20%
$66,180
Closing costs
1%
$3,309
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,526
Total Expenses
$3,546
Mortgage P&I
52%
$1,840
Property Taxes
11%
$373
Home Insurance
3%
$117
HOA
0%
$17
Property Management
12%
$423
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388