This property looks like a bad Mid-Term investment with a projected -10.12% first-year return on $96,729 initial cash invested.
-10.12%
Cash On Cash
4.56%
Cap Rate
0.68
DSCR
$3,969
Rent
-$816
Cashflow
Cash Flow
$3,969 income − $4,785 expenses = $816 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,729
Downpayment
20%
$74,980
Closing costs
1%
$3,749
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,969
Total Expenses
$4,785
Mortgage P&I
52%
$2,082
Property Taxes
23%
$914
Home Insurance
3%
$131
HOA
8%
$308
Property Management
12%
$476
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437