This property looks like a bad Mid-Term investment with a projected -3.71% first-year return on $99,081 initial cash invested.
-3.71%
Cash On Cash
6.13%
Cap Rate
0.92
DSCR
$3,426
Rent
-$306
Cashflow
Cash Flow
$3,426 income − $3,732 expenses = $306 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,081
Downpayment
20%
$77,220
Closing costs
1%
$3,861
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,426
Total Expenses
$3,732
Mortgage P&I
63%
$2,142
Property Taxes
8%
$289
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377