This property looks like a bad Mid-Term investment with a projected -4.39% first-year return on $94,545 initial cash invested.
-4.39%
Cash On Cash
5.94%
Cap Rate
0.9
DSCR
$3,528
Rent
-$346
Cashflow
Cash Flow
$3,528 income − $3,874 expenses = $346 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,545
Downpayment
20%
$72,900
Closing costs
1%
$3,645
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,528
Total Expenses
$3,874
Mortgage P&I
57%
$2,008
Property Taxes
14%
$495
Home Insurance
4%
$130
HOA
1%
$42
Property Management
12%
$423
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388