This property looks like a bad Mid-Term investment with a projected -4.22% first-year return on $96,750 initial cash invested.
-4.22%
Cash On Cash
5.96%
Cap Rate
0.9
DSCR
$3,471
Rent
-$340
Cashflow
Cash Flow
$3,471 income − $3,811 expenses = $340 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,750
Downpayment
20%
$75,000
Closing costs
1%
$3,750
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,471
Total Expenses
$3,811
Mortgage P&I
59%
$2,063
Property Taxes
12%
$418
Home Insurance
4%
$131
HOA
1%
$18
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382