This property looks like a bad Mid-Term investment with a projected -0.85% first-year return on $99,060 initial cash invested.
-0.85%
Cash On Cash
6.86%
Cap Rate
1.04
DSCR
$4,095
Rent
-$70
Cashflow
Cash Flow
$4,095 income − $4,165 expenses = $70 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,060
Downpayment
20%
$77,200
Closing costs
1%
$3,860
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,095
Total Expenses
$4,165
Mortgage P&I
52%
$2,112
Property Taxes
13%
$512
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$491
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$450