This property looks like a bad Mid-Term investment with a projected -0.23% first-year return on $92,277 initial cash invested.
-0.23%
Cash On Cash
6.66%
Cap Rate
1.06
DSCR
$3,411
Rent
-$18
Cashflow
Cash Flow
$3,411 income − $3,429 expenses = $18 out of pocket
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,277
Downpayment
20%
$70,740
Closing costs
1%
$3,537
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,411
Total Expenses
$3,429
Mortgage P&I
54%
$1,846
Property Taxes
9%
$295
Home Insurance
4%
$130
HOA
0%
$0
Property Management
12%
$409
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$375