This property looks like a bad Mid-Term investment with a projected -1.41% first-year return on $100k initial cash invested.
-1.41%
Cash On Cash
6.86%
Cap Rate
1.02
DSCR
$4,122
Rent
-$118
Cashflow
Cash Flow
$4,122 income − $4,240 expenses = $118 out of pocket
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,440
Closing costs
1%
$3,922
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,122
Total Expenses
$4,240
Mortgage P&I
53%
$2,194
Property Taxes
12%
$504
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$495
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$453