This property looks like a bad Mid-Term investment with a projected -6.67% first-year return on $97,359 initial cash invested.
-6.67%
Cash On Cash
5.5%
Cap Rate
0.8
DSCR
$2,974
Rent
-$541
Cashflow
Cash Flow
$2,974 income − $3,515 expenses = $541 out of pocket
Investment Breakdown
|
Purchase Price
$378k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,359
Downpayment
20%
$75,580
Closing costs
1%
$3,779
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,974
Total Expenses
$3,515
Mortgage P&I
72%
$2,153
Property Taxes
7%
$215
Home Insurance
5%
$136
HOA
0%
$0
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$327