This property looks like a bad Mid-Term investment with a projected -0.91% first-year return on $97,674 initial cash invested.
-0.91%
Cash On Cash
6.95%
Cap Rate
1.04
DSCR
$3,982
Rent
-$74
Cashflow
Cash Flow
$3,982 income − $4,056 expenses = $74 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,674
Downpayment
20%
$75,880
Closing costs
1%
$3,794
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,982
Total Expenses
$4,056
Mortgage P&I
53%
$2,112
Property Taxes
13%
$505
Home Insurance
2%
$86
HOA
0%
$0
Property Management
12%
$478
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$438