This property looks like a bad Mid-Term investment with a projected -5.59% first-year return on $98,367 initial cash invested.
-5.59%
Cash On Cash
5.43%
Cap Rate
0.83
DSCR
$2,853
Rent
-$458
Cashflow
Cash Flow
$2,853 income − $3,311 expenses = $458 out of pocket
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,367
Downpayment
20%
$76,540
Closing costs
1%
$3,827
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,853
Total Expenses
$3,311
Mortgage P&I
73%
$2,075
Property Taxes
4%
$126
Home Insurance
5%
$140
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314