This property looks like a bad Mid-Term investment with a projected -1.86% first-year return on $96,750 initial cash invested.
-1.86%
Cash On Cash
6.49%
Cap Rate
0.99
DSCR
$3,294
Rent
-$150
Cashflow
Cash Flow
$3,294 income − $3,444 expenses = $150 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,750
Downpayment
20%
$75,000
Closing costs
1%
$3,750
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,294
Total Expenses
$3,444
Mortgage P&I
62%
$2,047
Property Taxes
4%
$146
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362