This property looks like a bad Mid-Term investment with a projected -0.04% first-year return on $97,107 initial cash invested.
-0.04%
Cash On Cash
6.51%
Cap Rate
1.08
DSCR
$3,765
Rent
-$3
Cashflow
Cash Flow
$3,765 income − $3,768 expenses = $3 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,107
Downpayment
20%
$75,340
Closing costs
1%
$3,767
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,765
Total Expenses
$3,768
Mortgage P&I
50%
$1,895
Property Taxes
12%
$456
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$452
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$414