This property looks like a bad Mid-Term investment with a projected -0.81% first-year return on $95,973 initial cash invested.
-0.81%
Cash On Cash
7.06%
Cap Rate
1.05
DSCR
$4,334
Rent
-$65
Cashflow
Cash Flow
$4,334 income − $4,399 expenses = $65 out of pocket
Investment Breakdown
|
Purchase Price
$371k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,973
Downpayment
20%
$74,260
Closing costs
1%
$3,713
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,334
Total Expenses
$4,399
Mortgage P&I
48%
$2,077
Property Taxes
16%
$699
Home Insurance
3%
$131
HOA
0%
$19
Property Management
12%
$520
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$477