This property looks like a bad Mid-Term investment with a projected -0.35% first-year return on $95,553 initial cash invested.
-0.35%
Cash On Cash
6.88%
Cap Rate
1.06
DSCR
$3,926
Rent
-$28
Cashflow
Cash Flow
$3,926 income − $3,954 expenses = $28 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,553
Downpayment
20%
$73,860
Closing costs
1%
$3,693
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,926
Total Expenses
$3,954
Mortgage P&I
51%
$1,988
Property Taxes
13%
$503
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$471
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$432