This property looks like a bad Mid-Term investment with a projected -0.64% first-year return on $99,354 initial cash invested.
-0.64%
Cash On Cash
6.57%
Cap Rate
1.06
DSCR
$4,107
Rent
-$53
Cashflow
Cash Flow
$4,107 income − $4,160 expenses = $53 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,354
Downpayment
20%
$77,480
Closing costs
1%
$3,874
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,107
Total Expenses
$4,160
Mortgage P&I
49%
$2,010
Property Taxes
15%
$614
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$493
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$452