This property looks like a bad Mid-Term investment with a projected -0.2% first-year return on $100k initial cash invested.
-0.2%
Cash On Cash
6.53%
Cap Rate
1.06
DSCR
$3,456
Rent
-$17
Cashflow
Cash Flow
$3,456 income − $3,473 expenses = $17 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%
$78,180
Closing costs
1%
$3,909
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,456
Total Expenses
$3,473
Mortgage P&I
58%
$2,007
Property Taxes
5%
$160
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$415
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380