This property looks like a bad Mid-Term investment with a projected -1.75% first-year return on $99,837 initial cash invested.
-1.75%
Cash On Cash
6.8%
Cap Rate
1.01
DSCR
$4,034
Rent
-$146
Cashflow
Cash Flow
$4,034 income − $4,180 expenses = $146 out of pocket
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,837
Downpayment
20%
$77,940
Closing costs
1%
$3,897
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,034
Total Expenses
$4,180
Mortgage P&I
54%
$2,193
Property Taxes
12%
$480
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$484
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$444