This property looks like a bad Mid-Term investment with a projected -16.12% first-year return on $95,154 initial cash invested.
-16.12%
Cash On Cash
2.69%
Cap Rate
0.41
DSCR
$1,803
Rent
-$1,278
Cashflow
Cash Flow
$1,803 income − $3,081 expenses = $1,278 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,154
Downpayment
20%
$73,480
Closing costs
1%
$3,674
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$1,803
Total Expenses
$3,081
Mortgage P&I
113%
$2,030
Property Taxes
15%
$264
Home Insurance
10%
$175
HOA
0%
$0
Property Management
12%
$216
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$198