This property looks like a bad Mid-Term investment with a projected -0.14% first-year return on $96,834 initial cash invested.
-0.14%
Cash On Cash
6.92%
Cap Rate
1.07
DSCR
$3,690
Rent
-$11
Cashflow
Cash Flow
$3,690 income − $3,701 expenses = $11 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,834
Downpayment
20%
$75,080
Closing costs
1%
$3,754
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,690
Total Expenses
$3,701
Mortgage P&I
55%
$2,027
Property Taxes
8%
$278
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$443
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$406