This property looks like a bad Mid-Term investment with a projected -9.61% first-year return on $95,007 initial cash invested.
-9.61%
Cash On Cash
4.52%
Cap Rate
0.68
DSCR
$2,616
Rent
-$761
Cashflow
Cash Flow
$2,616 income − $3,377 expenses = $761 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,007
Downpayment
20%
$73,340
Closing costs
1%
$3,667
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,616
Total Expenses
$3,377
Mortgage P&I
78%
$2,036
Property Taxes
12%
$320
Home Insurance
5%
$131
HOA
0%
$0
Property Management
12%
$314
CapEx
4%
$105
Vacancy
3%
$78
Maintenance
4%
$105
Other
11%
$288