This property looks like a bad Mid-Term investment with a projected -0.27% first-year return on $84,465 initial cash invested.
-0.27%
Cash On Cash
6.97%
Cap Rate
1.06
DSCR
$3,219
Rent
-$19
Cashflow
Cash Flow
$3,219 income − $3,238 expenses = $19 out of pocket
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,465
Downpayment
20%
$63,300
Closing costs
1%
$3,165
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,219
Total Expenses
$3,238
Mortgage P&I
54%
$1,728
Property Taxes
9%
$301
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$386
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$354