This property looks like a bad Mid-Term investment with a projected -1.89% first-year return on $99,837 initial cash invested.
-1.89%
Cash On Cash
6.47%
Cap Rate
1
DSCR
$3,722
Rent
-$157
Cashflow
Cash Flow
$3,722 income − $3,879 expenses = $157 out of pocket
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,722
Total Expenses
$3,879
Mortgage P&I
57%
$2,108
Property Taxes
10%
$369
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$409