This property looks like a bad Mid-Term investment with a projected -4.71% first-year return on $94,503 initial cash invested.
-4.71%
Cash On Cash
5.76%
Cap Rate
0.88
DSCR
$3,206
Rent
-$371
Cashflow
Cash Flow
$3,206 income − $3,577 expenses = $371 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,503
Downpayment
20%
$72,860
Closing costs
1%
$3,643
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,206
Total Expenses
$3,577
Mortgage P&I
62%
$1,993
Property Taxes
11%
$364
Home Insurance
4%
$130
HOA
0%
$0
Property Management
12%
$385
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$353