This property looks like a bad Mid-Term investment with a projected -0.13% first-year return on $92,886 initial cash invested.
-0.13%
Cash On Cash
6.99%
Cap Rate
1.08
DSCR
$4,131
Rent
-$10
Cashflow
Cash Flow
$4,131 income − $4,141 expenses = $10 out of pocket
Investment Breakdown
|
Purchase Price
$357k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,886
Downpayment
20%
$71,320
Closing costs
1%
$3,566
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,131
Total Expenses
$4,141
Mortgage P&I
47%
$1,922
Property Taxes
17%
$710
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$454