This property looks like a bad Mid-Term investment with a projected -1.54% first-year return on $92,445 initial cash invested.
-1.54%
Cash On Cash
6.81%
Cap Rate
1
DSCR
$3,230
Rent
-$119
Cashflow
Cash Flow
$3,230 income − $3,349 expenses = $119 out of pocket
Investment Breakdown
|
Purchase Price
$355k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,445
Downpayment
20%
$70,900
Closing costs
1%
$3,545
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,230
Total Expenses
$3,349
Mortgage P&I
62%
$2,003
Property Taxes
4%
$124
Home Insurance
4%
$124
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355