This property looks like a bad Mid-Term investment with a projected -0.03% first-year return on $78,039 initial cash invested.
-0.03%
Cash On Cash
6.77%
Cap Rate
1.07
DSCR
$2,607
Rent
-$2
Cashflow
Cash Flow
$2,607 income − $2,609 expenses = $2 out of pocket
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,039
Downpayment
20%
$57,180
Closing costs
1%
$2,859
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,607
Total Expenses
$2,609
Mortgage P&I
58%
$1,512
Property Taxes
4%
$113
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$313
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$287