This property looks like a bad Mid-Term investment with a projected -1.76% first-year return on $101k initial cash invested.
-1.76%
Cash On Cash
6.17%
Cap Rate
1
DSCR
$3,886
Rent
-$148
Cashflow
Cash Flow
$3,886 income − $4,034 expenses = $148 out of pocket
Investment Breakdown
|
Purchase Price
$396k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,180
Closing costs
1%
$3,959
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,886
Total Expenses
$4,034
Mortgage P&I
52%
$2,028
Property Taxes
14%
$547
Home Insurance
4%
$139
HOA
0%
$0
Property Management
12%
$466
CapEx
4%
$155
Vacancy
3%
$117
Maintenance
4%
$155
Other
11%
$427