This property looks like a bad Mid-Term investment with a projected -0.46% first-year return on $83,751 initial cash invested.
-0.46%
Cash On Cash
6.48%
Cap Rate
1.05
DSCR
$2,643
Rent
-$32
Cashflow
Cash Flow
$2,643 income − $2,675 expenses = $32 out of pocket
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,751
Downpayment
20%
$62,620
Closing costs
1%
$3,131
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,643
Total Expenses
$2,675
Mortgage P&I
61%
$1,616
Property Taxes
2%
$46
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$317
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291