This property looks like a bad Mid-Term investment with a projected -0.91% first-year return on $92,130 initial cash invested.
-0.91%
Cash On Cash
6.84%
Cap Rate
1.04
DSCR
$3,678
Rent
-$70
Cashflow
Cash Flow
$3,678 income − $3,748 expenses = $70 out of pocket
Investment Breakdown
|
Purchase Price
$353k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,130
Downpayment
20%
$70,600
Closing costs
1%
$3,530
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,678
Total Expenses
$3,748
Mortgage P&I
53%
$1,936
Property Taxes
11%
$422
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$441
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$405