This property looks like a bad Mid-Term investment with a projected -1.37% first-year return on $92,298 initial cash invested.
-1.37%
Cash On Cash
6.25%
Cap Rate
1.01
DSCR
$3,112
Rent
-$105
Cashflow
Cash Flow
$3,112 income − $3,217 expenses = $105 out of pocket
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,298
Downpayment
20%
$70,760
Closing costs
1%
$3,538
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,112
Total Expenses
$3,217
Mortgage P&I
59%
$1,823
Property Taxes
7%
$214
Home Insurance
4%
$124
HOA
0%
$0
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342