This property looks like a bad Mid-Term investment with a projected -0.93% first-year return on $91,311 initial cash invested.
-0.93%
Cash On Cash
6.56%
Cap Rate
1.03
DSCR
$3,201
Rent
-$71
Cashflow
Cash Flow
$3,201 income − $3,272 expenses = $71 out of pocket
Investment Breakdown
|
Purchase Price
$349k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,311
Downpayment
20%
$69,820
Closing costs
1%
$3,491
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,201
Total Expenses
$3,272
Mortgage P&I
58%
$1,851
Property Taxes
6%
$197
Home Insurance
4%
$124
HOA
0%
$12
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352