This property looks like a bad Mid-Term investment with a projected -7.66% first-year return on $97,716 initial cash invested.
-7.66%
Cash On Cash
4.57%
Cap Rate
0.75
DSCR
$3,585
Rent
-$624
Cashflow
Cash Flow
$3,585 income − $4,209 expenses = $624 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,716
Downpayment
20%
$75,920
Closing costs
1%
$3,796
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,585
Total Expenses
$4,209
Mortgage P&I
54%
$1,926
Property Taxes
11%
$401
Home Insurance
8%
$297
HOA
10%
$367
Property Management
12%
$430
CapEx
4%
$143
Vacancy
3%
$108
Maintenance
4%
$143
Other
11%
$394