This property looks like a bad Mid-Term investment with a projected -10.14% first-year return on $96,960 initial cash invested.
-10.14%
Cash On Cash
4.57%
Cap Rate
0.67
DSCR
$2,727
Rent
-$819
Cashflow
Cash Flow
$2,727 income − $3,546 expenses = $819 out of pocket
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,960
Downpayment
20%
$75,200
Closing costs
1%
$3,760
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,727
Total Expenses
$3,546
Mortgage P&I
79%
$2,143
Property Taxes
13%
$345
Home Insurance
5%
$131
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$300