This property looks like a bad Mid-Term investment with a projected -0.58% first-year return on $95,217 initial cash invested.
-0.58%
Cash On Cash
6.87%
Cap Rate
1.06
DSCR
$3,975
Rent
-$46
Cashflow
Cash Flow
$3,975 income − $4,021 expenses = $46 out of pocket
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,217
Downpayment
20%
$73,540
Closing costs
1%
$3,677
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,975
Total Expenses
$4,021
Mortgage P&I
50%
$1,991
Property Taxes
15%
$581
Home Insurance
2%
$98
HOA
0%
$0
Property Management
12%
$477
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437