This property looks like a bad Mid-Term investment with a projected -4.83% first-year return on $98,136 initial cash invested.
-4.83%
Cash On Cash
5.76%
Cap Rate
0.88
DSCR
$3,346
Rent
-$395
Cashflow
Cash Flow
$3,346 income − $3,741 expenses = $395 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,136
Downpayment
20%
$76,320
Closing costs
1%
$3,816
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,346
Total Expenses
$3,741
Mortgage P&I
63%
$2,092
Property Taxes
11%
$376
Home Insurance
4%
$135
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$368