This property looks like a bad Mid-Term investment with a projected -0.16% first-year return on $92,298 initial cash invested.
-0.16%
Cash On Cash
6.98%
Cap Rate
1.07
DSCR
$3,717
Rent
-$12
Cashflow
Cash Flow
$3,717 income − $3,729 expenses = $12 out of pocket
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,298
Downpayment
20%
$70,760
Closing costs
1%
$3,538
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,717
Total Expenses
$3,729
Mortgage P&I
52%
$1,922
Property Taxes
11%
$406
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$446
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$409