This property looks like a bad Mid-Term investment with a projected -5.48% first-year return on $98,304 initial cash invested.
-5.48%
Cash On Cash
5.53%
Cap Rate
0.85
DSCR
$3,282
Rent
-$449
Cashflow
Cash Flow
$3,282 income − $3,731 expenses = $449 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,304
Downpayment
20%
$76,480
Closing costs
1%
$3,824
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,282
Total Expenses
$3,731
Mortgage P&I
63%
$2,080
Property Taxes
8%
$266
Home Insurance
4%
$145
HOA
4%
$125
Property Management
12%
$394
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$361