This property looks like a bad Mid-Term investment with a projected -1.7% first-year return on $95,259 initial cash invested.
-1.7%
Cash On Cash
6.7%
Cap Rate
1.01
DSCR
$3,782
Rent
-$135
Cashflow
Cash Flow
$3,782 income − $3,917 expenses = $135 out of pocket
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,259
Downpayment
20%
$73,580
Closing costs
1%
$3,679
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,782
Total Expenses
$3,917
Mortgage P&I
54%
$2,037
Property Taxes
12%
$455
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$454
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$416