This property looks like a bad Mid-Term investment with a projected -0.05% first-year return on $96,750 initial cash invested.
-0.05%
Cash On Cash
6.64%
Cap Rate
1.07
DSCR
$3,525
Rent
-$4
Cashflow
Cash Flow
$3,525 income − $3,529 expenses = $4 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,750
Downpayment
20%
$75,000
Closing costs
1%
$3,750
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,525
Total Expenses
$3,529
Mortgage P&I
55%
$1,938
Property Taxes
7%
$261
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$423
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388