This property looks like a bad Mid-Term investment with a projected -6.04% first-year return on $100k initial cash invested.
-6.04%
Cash On Cash
5.47%
Cap Rate
0.83
DSCR
$3,280
Rent
-$505
Cashflow
Cash Flow
$3,280 income − $3,785 expenses = $505 out of pocket
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,460
Closing costs
1%
$3,923
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,280
Total Expenses
$3,785
Mortgage P&I
66%
$2,162
Property Taxes
11%
$368
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$394
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$361