This property looks like a bad Mid-Term investment with a projected 0% first-year return on $97,359 initial cash invested.
0%
Cash On Cash
7.08%
Cap Rate
1.07
DSCR
$3,824
Rent
$0
Cashflow
Cash Flow
$3,824 income − $3,824 expenses = $0 cash flow
Investment Breakdown
|
Purchase Price
$378k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,359
Downpayment
20%
$75,580
Closing costs
1%
$3,779
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,824
Total Expenses
$3,824
Mortgage P&I
54%
$2,076
Property Taxes
8%
$314
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$459
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$421