This property looks like a bad Mid-Term investment with a projected -4.33% first-year return on $94,776 initial cash invested.
-4.33%
Cash On Cash
5.94%
Cap Rate
0.9
DSCR
$3,266
Rent
-$342
Cashflow
Cash Flow
$3,266 income − $3,608 expenses = $342 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,776
Downpayment
20%
$73,120
Closing costs
1%
$3,656
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,266
Total Expenses
$3,608
Mortgage P&I
62%
$2,020
Property Taxes
11%
$347
Home Insurance
4%
$130
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359