This property looks like a bad Mid-Term investment with a projected -9.43% first-year return on $100k initial cash invested.
-9.43%
Cash On Cash
4.06%
Cap Rate
0.66
DSCR
$2,576
Rent
-$786
Cashflow
Cash Flow
$2,576 income − $3,362 expenses = $786 out of pocket
Investment Breakdown
|
Purchase Price
$391k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,160
Closing costs
1%
$3,908
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,576
Total Expenses
$3,362
Mortgage P&I
78%
$2,006
Property Taxes
13%
$341
Home Insurance
5%
$140
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283