This property looks like a bad Mid-Term investment with a projected -8.13% first-year return on $95,028 initial cash invested.
-8.13%
Cash On Cash
4.96%
Cap Rate
0.74
DSCR
$3,070
Rent
-$644
Cashflow
Cash Flow
$3,070 income − $3,714 expenses = $644 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,028
Downpayment
20%
$73,360
Closing costs
1%
$3,668
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,070
Total Expenses
$3,714
Mortgage P&I
66%
$2,036
Property Taxes
8%
$260
Home Insurance
4%
$129
HOA
8%
$245
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338