This property looks like a bad Mid-Term investment with a projected -0.02% first-year return on $97,590 initial cash invested.
-0.02%
Cash On Cash
7.05%
Cap Rate
1.08
DSCR
$4,052
Rent
-$2
Cashflow
Cash Flow
$4,052 income − $4,054 expenses = $2 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,590
Downpayment
20%
$75,800
Closing costs
1%
$3,790
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,052
Total Expenses
$4,054
Mortgage P&I
51%
$2,068
Property Taxes
12%
$475
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$486
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446