This property looks like a bad Mid-Term investment with a projected -1.54% first-year return on $101k initial cash invested.
-1.54%
Cash On Cash
6.58%
Cap Rate
1
DSCR
$3,326
Rent
-$129
Cashflow
Cash Flow
$3,326 income − $3,455 expenses = $129 out of pocket
Investment Breakdown
|
Purchase Price
$394k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$78,840
Closing costs
1%
$3,942
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,326
Total Expenses
$3,455
Mortgage P&I
65%
$2,159
Property Taxes
1%
$25
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$366