This property looks like a bad Mid-Term investment with a projected -1.76% first-year return on $94,335 initial cash invested.
-1.76%
Cash On Cash
6.62%
Cap Rate
1
DSCR
$3,466
Rent
-$138
Cashflow
Cash Flow
$3,466 income − $3,604 expenses = $138 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,335
Downpayment
20%
$72,700
Closing costs
1%
$3,635
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,466
Total Expenses
$3,604
Mortgage P&I
58%
$2,003
Property Taxes
8%
$289
Home Insurance
4%
$133
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381