This property looks like a bad Mid-Term investment with a projected -1.84% first-year return on $95,091 initial cash invested.
-1.84%
Cash On Cash
6.49%
Cap Rate
1
DSCR
$3,542
Rent
-$146
Cashflow
Cash Flow
$3,542 income − $3,688 expenses = $146 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,091
Downpayment
20%
$73,420
Closing costs
1%
$3,671
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,542
Total Expenses
$3,688
Mortgage P&I
56%
$1,988
Property Taxes
9%
$334
Home Insurance
5%
$161
HOA
0%
$0
Property Management
12%
$425
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$390