This property looks like a bad Mid-Term investment with a projected -4.24% first-year return on $94,041 initial cash invested.
-4.24%
Cash On Cash
6.07%
Cap Rate
0.9
DSCR
$3,322
Rent
-$332
Cashflow
Cash Flow
$3,322 income − $3,654 expenses = $332 out of pocket
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,041
Downpayment
20%
$72,420
Closing costs
1%
$3,621
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,322
Total Expenses
$3,654
Mortgage P&I
61%
$2,030
Property Taxes
11%
$363
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365