This property looks like a bad Mid-Term investment with a projected -0.45% first-year return on $95,068 initial cash invested.
-0.45%
Cash On Cash
6.91%
Cap Rate
1.05
DSCR
$3,278
Rent
-$36
Cashflow
Cash Flow
$3,278 income − $3,314 expenses = $36 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,068
Downpayment
20%
$73,398
Closing costs
1%
$3,670
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,278
Total Expenses
$3,314
Mortgage P&I
62%
$2,018
Property Taxes
2%
$54
Home Insurance
4%
$128
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$361