This property looks like a bad Mid-Term investment with a projected -0.14% first-year return on $83,856 initial cash invested.
-0.14%
Cash On Cash
6.79%
Cap Rate
1.07
DSCR
$3,237
Rent
-$10
Cashflow
Cash Flow
$3,237 income − $3,247 expenses = $10 out of pocket
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,856
Downpayment
20%
$62,720
Closing costs
1%
$3,136
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,237
Total Expenses
$3,247
Mortgage P&I
51%
$1,656
Property Taxes
12%
$382
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356