This property looks like a bad Mid-Term investment with a projected -5.86% first-year return on $95,553 initial cash invested.
-5.86%
Cash On Cash
5.3%
Cap Rate
0.82
DSCR
$2,854
Rent
-$467
Cashflow
Cash Flow
$2,854 income − $3,321 expenses = $467 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,553
Downpayment
20%
$73,860
Closing costs
1%
$3,693
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,854
Total Expenses
$3,321
Mortgage P&I
70%
$1,984
Property Taxes
8%
$225
Home Insurance
5%
$142
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314