This property looks like a bad Mid-Term investment with a projected -5.26% first-year return on $95,133 initial cash invested.
-5.26%
Cash On Cash
5.53%
Cap Rate
0.85
DSCR
$3,087
Rent
-$417
Cashflow
Cash Flow
$3,087 income − $3,504 expenses = $417 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,133
Downpayment
20%
$73,460
Closing costs
1%
$3,673
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,087
Total Expenses
$3,504
Mortgage P&I
64%
$1,988
Property Taxes
11%
$338
Home Insurance
4%
$129
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$93
Maintenance
4%
$123
Other
11%
$340