This property looks like a bad Mid-Term investment with a projected -4.34% first-year return on $92,676 initial cash invested.
-4.34%
Cash On Cash
5.91%
Cap Rate
0.9
DSCR
$3,276
Rent
-$335
Cashflow
Cash Flow
$3,276 income − $3,611 expenses = $335 out of pocket
Investment Breakdown
|
Purchase Price
$356k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,676
Downpayment
20%
$71,120
Closing costs
1%
$3,556
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,276
Total Expenses
$3,611
Mortgage P&I
60%
$1,955
Property Taxes
13%
$417
Home Insurance
4%
$126
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$360