This property looks like a bad Mid-Term investment with a projected -0.23% first-year return on $99,837 initial cash invested.
-0.23%
Cash On Cash
7.01%
Cap Rate
1.07
DSCR
$3,956
Rent
-$19
Cashflow
Cash Flow
$3,956 income − $3,975 expenses = $19 out of pocket
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,837
Downpayment
20%
$77,940
Closing costs
1%
$3,897
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,956
Total Expenses
$3,975
Mortgage P&I
54%
$2,136
Property Taxes
9%
$358
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$475
CapEx
4%
$158
Vacancy
3%
$119
Maintenance
4%
$158
Other
11%
$435