This property looks like a bad Mid-Term investment with a projected -3.97% first-year return on $98,178 initial cash invested.
-3.97%
Cash On Cash
5.92%
Cap Rate
0.91
DSCR
$3,418
Rent
-$325
Cashflow
Cash Flow
$3,418 income − $3,743 expenses = $325 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,178
Downpayment
20%
$76,360
Closing costs
1%
$3,818
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,418
Total Expenses
$3,743
Mortgage P&I
61%
$2,073
Property Taxes
11%
$369
Home Insurance
4%
$138
HOA
0%
$0
Property Management
12%
$410
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$376