This property looks like a bad Mid-Term investment with a projected -1.73% first-year return on $95,574 initial cash invested.
-1.73%
Cash On Cash
6.5%
Cap Rate
1
DSCR
$3,278
Rent
-$138
Cashflow
Cash Flow
$3,278 income − $3,416 expenses = $138 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,574
Downpayment
20%
$73,880
Closing costs
1%
$3,694
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,278
Total Expenses
$3,416
Mortgage P&I
61%
$2,008
Property Taxes
5%
$161
Home Insurance
4%
$133
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$361