This property looks like a bad Mid-Term investment with a projected -0.83% first-year return on $96,729 initial cash invested.
-0.83%
Cash On Cash
6.77%
Cap Rate
1.03
DSCR
$3,380
Rent
-$67
Cashflow
Cash Flow
$3,380 income − $3,447 expenses = $67 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,729
Downpayment
20%
$74,980
Closing costs
1%
$3,749
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,380
Total Expenses
$3,447
Mortgage P&I
61%
$2,046
Property Taxes
4%
$130
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$406
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$372