This property looks like a bad Mid-Term investment with a projected -5.71% first-year return on $95,154 initial cash invested.
-5.71%
Cash On Cash
5.47%
Cap Rate
0.83
DSCR
$2,926
Rent
-$453
Cashflow
Cash Flow
$2,926 income − $3,379 expenses = $453 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,154
Downpayment
20%
$73,480
Closing costs
1%
$3,674
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,926
Total Expenses
$3,379
Mortgage P&I
69%
$2,011
Property Taxes
8%
$240
Home Insurance
5%
$133
HOA
0%
$0
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322