This property looks like a bad Mid-Term investment with a projected -0.04% first-year return on $97,128 initial cash invested.
-0.04%
Cash On Cash
7.07%
Cap Rate
1.08
DSCR
$4,389
Rent
-$3
Cashflow
Cash Flow
$4,389 income − $4,392 expenses = $3 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,128
Downpayment
20%
$75,360
Closing costs
1%
$3,768
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,389
Total Expenses
$4,392
Mortgage P&I
47%
$2,046
Property Taxes
8%
$370
Home Insurance
3%
$133
HOA
8%
$349
Property Management
12%
$527
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$483