This property looks like a bad Mid-Term investment with a projected -1.78% first-year return on $97,128 initial cash invested.
-1.78%
Cash On Cash
6.15%
Cap Rate
1
DSCR
$3,591
Rent
-$144
Cashflow
Cash Flow
$3,591 income − $3,735 expenses = $144 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,128
Downpayment
20%
$75,360
Closing costs
1%
$3,768
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,591
Total Expenses
$3,735
Mortgage P&I
54%
$1,930
Property Taxes
12%
$423
Home Insurance
4%
$135
HOA
1%
$25
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395