This property looks like a bad Mid-Term investment with a projected -1.72% first-year return on $96,876 initial cash invested.
-1.72%
Cash On Cash
6.58%
Cap Rate
1
DSCR
$3,723
Rent
-$139
Cashflow
Cash Flow
$3,723 income − $3,862 expenses = $139 out of pocket
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,876
Downpayment
20%
$75,120
Closing costs
1%
$3,756
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,723
Total Expenses
$3,862
Mortgage P&I
55%
$2,050
Property Taxes
11%
$407
Home Insurance
4%
$138
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410