This property looks like a bad Mid-Term investment with a projected -0.46% first-year return on $96,498 initial cash invested.
-0.46%
Cash On Cash
6.77%
Cap Rate
1.05
DSCR
$3,556
Rent
-$37
Cashflow
Cash Flow
$3,556 income − $3,593 expenses = $37 out of pocket
Investment Breakdown
|
Purchase Price
$374k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,498
Downpayment
20%
$74,760
Closing costs
1%
$3,738
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,556
Total Expenses
$3,593
Mortgage P&I
56%
$2,005
Property Taxes
7%
$243
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$391