This property looks like a bad Mid-Term investment with a projected -5.23% first-year return on $100k initial cash invested.
-5.23%
Cash On Cash
5.57%
Cap Rate
0.86
DSCR
$3,376
Rent
-$436
Cashflow
Cash Flow
$3,376 income − $3,812 expenses = $436 out of pocket
Investment Breakdown
|
Purchase Price
$391k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,200
Closing costs
1%
$3,910
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,376
Total Expenses
$3,812
Mortgage P&I
63%
$2,116
Property Taxes
12%
$411
Home Insurance
4%
$138
HOA
0%
$0
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371