This property looks like a bad Mid-Term investment with a projected -0.64% first-year return on $101k initial cash invested.
-0.64%
Cash On Cash
6.87%
Cap Rate
1.05
DSCR
$4,197
Rent
-$54
Cashflow
Cash Flow
$4,197 income − $4,251 expenses = $54 out of pocket
Investment Breakdown
|
Purchase Price
$394k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$78,840
Closing costs
1%
$3,942
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,197
Total Expenses
$4,251
Mortgage P&I
51%
$2,143
Property Taxes
13%
$559
Home Insurance
3%
$121
HOA
0%
$0
Property Management
12%
$504
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$462