This property looks like a bad Mid-Term investment with a projected -4.2% first-year return on $96,771 initial cash invested.
-4.2%
Cash On Cash
5.84%
Cap Rate
0.9
DSCR
$3,554
Rent
-$339
Cashflow
Cash Flow
$3,554 income − $3,893 expenses = $339 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,771
Downpayment
20%
$75,020
Closing costs
1%
$3,751
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,554
Total Expenses
$3,893
Mortgage P&I
57%
$2,021
Property Taxes
14%
$510
Home Insurance
4%
$133
HOA
1%
$21
Property Management
12%
$426
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$391