This property looks like a bad Mid-Term investment with a projected -7.22% first-year return on $99,249 initial cash invested.
-7.22%
Cash On Cash
5.11%
Cap Rate
0.78
DSCR
$3,088
Rent
-$597
Cashflow
Cash Flow
$3,088 income − $3,685 expenses = $597 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,249
Downpayment
20%
$77,380
Closing costs
1%
$3,869
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,088
Total Expenses
$3,685
Mortgage P&I
69%
$2,121
Property Taxes
12%
$356
Home Insurance
5%
$156
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340