This property looks like a bad Mid-Term investment with a projected -3.69% first-year return on $96,981 initial cash invested.
-3.69%
Cash On Cash
5.95%
Cap Rate
0.92
DSCR
$3,628
Rent
-$298
Cashflow
Cash Flow
$3,628 income − $3,926 expenses = $298 out of pocket
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,981
Downpayment
20%
$75,220
Closing costs
1%
$3,761
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,628
Total Expenses
$3,926
Mortgage P&I
56%
$2,018
Property Taxes
15%
$540
Home Insurance
4%
$135
HOA
0%
$0
Property Management
12%
$435
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$399