This property looks like a bad Mid-Term investment with a projected -0.33% first-year return on $98,703 initial cash invested.
-0.33%
Cash On Cash
7.18%
Cap Rate
1.06
DSCR
$3,882
Rent
-$27
Cashflow
Cash Flow
$3,882 income − $3,909 expenses = $27 out of pocket
Investment Breakdown
|
Purchase Price
$384k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,703
Downpayment
20%
$76,860
Closing costs
1%
$3,843
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,882
Total Expenses
$3,909
Mortgage P&I
56%
$2,172
Property Taxes
3%
$132
Home Insurance
3%
$130
HOA
4%
$156
Property Management
12%
$466
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$427