This property looks like a bad Mid-Term investment with a projected -8.1% first-year return on $97,779 initial cash invested.
-8.1%
Cash On Cash
4.96%
Cap Rate
0.76
DSCR
$3,798
Rent
-$660
Cashflow
Cash Flow
$3,798 income − $4,458 expenses = $660 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,779
Downpayment
20%
$75,980
Closing costs
1%
$3,799
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,798
Total Expenses
$4,458
Mortgage P&I
55%
$2,078
Property Taxes
23%
$892
Home Insurance
4%
$133
HOA
2%
$63
Property Management
12%
$456
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$418