This property looks like a bad Mid-Term investment with a projected -5.45% first-year return on $96,372 initial cash invested.
-5.45%
Cash On Cash
5.17%
Cap Rate
0.84
DSCR
$3,106
Rent
-$438
Cashflow
Cash Flow
$3,106 income − $3,544 expenses = $438 out of pocket
Investment Breakdown
|
Purchase Price
$373k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,372
Downpayment
20%
$74,640
Closing costs
1%
$3,732
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,106
Total Expenses
$3,544
Mortgage P&I
62%
$1,922
Property Taxes
14%
$430
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342