This property looks like a bad Mid-Term investment with a projected -3.81% first-year return on $96,729 initial cash invested.
-3.81%
Cash On Cash
5.61%
Cap Rate
0.91
DSCR
$3,198
Rent
-$307
Cashflow
Cash Flow
$3,198 income − $3,505 expenses = $307 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,729
Downpayment
20%
$74,980
Closing costs
1%
$3,749
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,198
Total Expenses
$3,505
Mortgage P&I
60%
$1,931
Property Taxes
11%
$355
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352