This property looks like a bad Mid-Term investment with a projected -6.49% first-year return on $81,357 initial cash invested.
-6.49%
Cash On Cash
5.39%
Cap Rate
0.82
DSCR
$3,435
Rent
-$440
Cashflow
Cash Flow
$3,435 income − $3,875 expenses = $440 out of pocket
Investment Breakdown
|
Purchase Price
$302k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,357
Downpayment
20%
$60,340
Closing costs
1%
$3,017
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,435
Total Expenses
$3,875
Mortgage P&I
48%
$1,657
Property Taxes
25%
$858
Home Insurance
3%
$108
HOA
2%
$85
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$378