This property looks like a bad Mid-Term investment with a projected -3.14% first-year return on $101k initial cash invested.
-3.14%
Cash On Cash
5.82%
Cap Rate
0.95
DSCR
$4,114
Rent
-$266
Cashflow
Cash Flow
$4,114 income − $4,380 expenses = $266 out of pocket
Investment Breakdown
|
Purchase Price
$398k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,520
Closing costs
1%
$3,976
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,114
Total Expenses
$4,380
Mortgage P&I
49%
$2,029
Property Taxes
19%
$787
Home Insurance
4%
$164
HOA
0%
$0
Property Management
12%
$494
CapEx
4%
$165
Vacancy
3%
$123
Maintenance
4%
$165
Other
11%
$453