This property looks like a bad Mid-Term investment with a projected -1.83% first-year return on $97,023 initial cash invested.
-1.83%
Cash On Cash
6.57%
Cap Rate
1
DSCR
$3,594
Rent
-$148
Cashflow
Cash Flow
$3,594 income − $3,742 expenses = $148 out of pocket
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,023
Downpayment
20%
$75,260
Closing costs
1%
$3,763
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,594
Total Expenses
$3,742
Mortgage P&I
57%
$2,065
Property Taxes
10%
$352
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395