This property looks like a bad Mid-Term investment with a projected -0.02% first-year return on $97,632 initial cash invested.
-0.02%
Cash On Cash
6.84%
Cap Rate
1.07
DSCR
$3,555
Rent
-$2
Cashflow
Cash Flow
$3,555 income − $3,557 expenses = $2 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,632
Downpayment
20%
$75,840
Closing costs
1%
$3,792
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,555
Total Expenses
$3,557
Mortgage P&I
57%
$2,022
Property Taxes
6%
$206
Home Insurance
3%
$120
HOA
0%
$0
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$391