This property looks like a bad Mid-Term investment with a projected -0.79% first-year return on $90,114 initial cash invested.
-0.79%
Cash On Cash
6.68%
Cap Rate
1.05
DSCR
$3,759
Rent
-$59
Cashflow
Cash Flow
$3,759 income − $3,818 expenses = $59 out of pocket
Investment Breakdown
|
Purchase Price
$343k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,114
Downpayment
20%
$68,680
Closing costs
1%
$3,434
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,759
Total Expenses
$3,818
Mortgage P&I
48%
$1,821
Property Taxes
16%
$598
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$451
CapEx
4%
$150
Vacancy
3%
$113
Maintenance
4%
$150
Other
11%
$413