This property looks like a bad Mid-Term investment with a projected -7.7% first-year return on $100k initial cash invested.
-7.7%
Cash On Cash
4.92%
Cap Rate
0.76
DSCR
$3,201
Rent
-$645
Cashflow
Cash Flow
$3,201 income − $3,846 expenses = $645 out of pocket
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,540
Closing costs
1%
$3,927
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,201
Total Expenses
$3,846
Mortgage P&I
66%
$2,128
Property Taxes
15%
$492
Home Insurance
4%
$138
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352