This property looks like a bad Mid-Term investment with a projected -1.76% first-year return on $95,490 initial cash invested.
-1.76%
Cash On Cash
6.59%
Cap Rate
1
DSCR
$3,738
Rent
-$140
Cashflow
Cash Flow
$3,738 income − $3,878 expenses = $140 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,490
Downpayment
20%
$73,800
Closing costs
1%
$3,690
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,738
Total Expenses
$3,878
Mortgage P&I
54%
$2,016
Property Taxes
12%
$461
Home Insurance
3%
$129
HOA
0%
$0
Property Management
12%
$449
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$411