This property looks like a bad Mid-Term investment with a projected -0.67% first-year return on $100k initial cash invested.
-0.67%
Cash On Cash
6.7%
Cap Rate
1.05
DSCR
$4,076
Rent
-$56
Cashflow
Cash Flow
$4,076 income − $4,132 expenses = $56 out of pocket
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
7.0%
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
$4,076
Total Expenses
$4,132
Mortgage P&I
51%
$2,084
Property Taxes
12%
$491
Home Insurance
3%
$139
HOA
1%
$33
Property Management
12%
$489
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$448