This property looks like a bad Mid-Term investment with a projected -1.97% first-year return on $97,905 initial cash invested.
-1.97%
Cash On Cash
6.2%
Cap Rate
1
DSCR
$4,132
Rent
-$161
Cashflow
Cash Flow
$4,132 income − $4,293 expenses = $161 out of pocket
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,905
Downpayment
20%
$76,100
Closing costs
1%
$3,805
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,132
Total Expenses
$4,293
Mortgage P&I
47%
$1,962
Property Taxes
19%
$796
Home Insurance
3%
$130
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$455