This property looks like a bad Mid-Term investment with a projected -1.7% first-year return on $91,059 initial cash invested.
-1.7%
Cash On Cash
6.77%
Cap Rate
1
DSCR
$3,454
Rent
-$129
Cashflow
Cash Flow
$3,454 income − $3,583 expenses = $129 out of pocket
Investment Breakdown
|
Purchase Price
$348k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,059
Downpayment
20%
$69,580
Closing costs
1%
$3,479
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,454
Total Expenses
$3,583
Mortgage P&I
57%
$1,955
Property Taxes
10%
$332
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380