This property looks like a bad Mid-Term investment with a projected -0.96% first-year return on $95,049 initial cash invested.
-0.96%
Cash On Cash
6.79%
Cap Rate
1.03
DSCR
$3,399
Rent
-$76
Cashflow
Cash Flow
$3,399 income − $3,475 expenses = $76 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,049
Downpayment
20%
$73,380
Closing costs
1%
$3,669
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,399
Total Expenses
$3,475
Mortgage P&I
59%
$2,016
Property Taxes
5%
$172
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$408
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$374