This property looks like a bad Mid-Term investment with a projected -1.69% first-year return on $93,852 initial cash invested.
-1.69%
Cash On Cash
6.19%
Cap Rate
1
DSCR
$3,147
Rent
-$132
Cashflow
Cash Flow
$3,147 income − $3,279 expenses = $132 out of pocket
Investment Breakdown
|
Purchase Price
$361k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,852
Downpayment
20%
$72,240
Closing costs
1%
$3,612
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,147
Total Expenses
$3,279
Mortgage P&I
59%
$1,868
Property Taxes
7%
$210
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$378
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$346