This property looks like a bad Mid-Term investment with a projected -0.85% first-year return on $95,763 initial cash invested.
-0.85%
Cash On Cash
7.05%
Cap Rate
1.04
DSCR
$3,808
Rent
-$68
Cashflow
Cash Flow
$3,808 income − $3,876 expenses = $68 out of pocket
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,763
Downpayment
20%
$74,060
Closing costs
1%
$3,703
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,808
Total Expenses
$3,876
Mortgage P&I
55%
$2,091
Property Taxes
9%
$360
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$457
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$419