This property looks like a bad Mid-Term investment with a projected -1.19% first-year return on $95,490 initial cash invested.
-1.19%
Cash On Cash
6.27%
Cap Rate
1.03
DSCR
$3,729
Rent
-$95
Cashflow
Cash Flow
$3,729 income − $3,824 expenses = $95 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
6.5%
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
$3,729
Total Expenses
$3,824
Mortgage P&I
50%
$1,873
Property Taxes
5%
$196
Home Insurance
4%
$135
HOA
9%
$353
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410