This property looks like a bad Mid-Term investment with a projected -5.19% first-year return on $99,018 initial cash invested.
-5.19%
Cash On Cash
5.65%
Cap Rate
0.86
DSCR
$3,428
Rent
-$428
Cashflow
Cash Flow
$3,428 income − $3,856 expenses = $428 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,018
Downpayment
20%
$77,160
Closing costs
1%
$3,858
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,428
Total Expenses
$3,856
Mortgage P&I
62%
$2,109
Property Taxes
13%
$446
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377