This property looks like a bad Mid-Term investment with a projected -0.24% first-year return on $98,304 initial cash invested.
-0.24%
Cash On Cash
7.06%
Cap Rate
1.07
DSCR
$4,041
Rent
-$20
Cashflow
Cash Flow
$4,041 income − $4,061 expenses = $20 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,304
Downpayment
20%
$76,480
Closing costs
1%
$3,824
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,041
Total Expenses
$4,061
Mortgage P&I
52%
$2,108
Property Taxes
11%
$442
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$485
CapEx
4%
$162
Vacancy
3%
$121
Maintenance
4%
$162
Other
11%
$445