This property looks like a bad Mid-Term investment with a projected -0.01% first-year return on $96,645 initial cash invested.
-0.01%
Cash On Cash
7.08%
Cap Rate
1.07
DSCR
$3,814
Rent
-$1
Cashflow
Cash Flow
$3,814 income − $3,815 expenses = $1 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,645
Downpayment
20%
$74,900
Closing costs
1%
$3,745
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,814
Total Expenses
$3,815
Mortgage P&I
54%
$2,059
Property Taxes
9%
$336
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$114
Maintenance
4%
$153
Other
11%
$420