This property looks like a bad Mid-Term investment with a projected -1.69% first-year return on $96,750 initial cash invested.
-1.69%
Cash On Cash
6.43%
Cap Rate
1
DSCR
$3,222
Rent
-$136
Cashflow
Cash Flow
$3,222 income − $3,358 expenses = $136 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,750
Downpayment
20%
$75,000
Closing costs
1%
$3,750
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,222
Total Expenses
$3,358
Mortgage P&I
63%
$2,016
Property Taxes
4%
$115
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$387
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$354