This property looks like a bad Mid-Term investment with a projected -14.49% first-year return on $99,144 initial cash invested.
-14.49%
Cash On Cash
2.93%
Cap Rate
0.46
DSCR
$2,044
Rent
-$1,197
Cashflow
Cash Flow
$2,044 income − $3,241 expenses = $1,197 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,144
Downpayment
20%
$77,280
Closing costs
1%
$3,864
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,044
Total Expenses
$3,241
Mortgage P&I
101%
$2,059
Property Taxes
16%
$332
Home Insurance
7%
$140
HOA
1%
$15
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$225