This property looks like a bad Mid-Term investment with a projected -7.01% first-year return on $95,322 initial cash invested.
-7.01%
Cash On Cash
5.08%
Cap Rate
0.79
DSCR
$3,358
Rent
-$557
Cashflow
Cash Flow
$3,358 income − $3,915 expenses = $557 out of pocket
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,322
Downpayment
20%
$73,640
Closing costs
1%
$3,682
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,358
Total Expenses
$3,915
Mortgage P&I
59%
$1,982
Property Taxes
18%
$599
Home Insurance
5%
$166
HOA
1%
$27
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369