This property looks like a bad Mid-Term investment with a projected -3.78% first-year return on $92,907 initial cash invested.
-3.78%
Cash On Cash
5.84%
Cap Rate
0.91
DSCR
$3,242
Rent
-$293
Cashflow
Cash Flow
$3,242 income − $3,535 expenses = $293 out of pocket
Investment Breakdown
|
Purchase Price
$357k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,907
Downpayment
20%
$71,340
Closing costs
1%
$3,567
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,242
Total Expenses
$3,535
Mortgage P&I
59%
$1,900
Property Taxes
13%
$406
Home Insurance
4%
$126
HOA
0%
$0
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357