This property looks like a bad Mid-Term investment with a projected -4.77% first-year return on $97,170 initial cash invested.
-4.77%
Cash On Cash
5.76%
Cap Rate
0.88
DSCR
$3,321
Rent
-$386
Cashflow
Cash Flow
$3,321 income − $3,707 expenses = $386 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,170
Downpayment
20%
$75,400
Closing costs
1%
$3,770
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,321
Total Expenses
$3,707
Mortgage P&I
62%
$2,064
Property Taxes
11%
$380
Home Insurance
4%
$133
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365