This property looks like a bad Mid-Term investment with a projected -0.13% first-year return on $99,039 initial cash invested.
-0.13%
Cash On Cash
6.97%
Cap Rate
1.06
DSCR
$3,676
Rent
-$11
Cashflow
Cash Flow
$3,676 income − $3,687 expenses = $11 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,039
Downpayment
20%
$77,180
Closing costs
1%
$3,859
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,676
Total Expenses
$3,687
Mortgage P&I
57%
$2,106
Property Taxes
5%
$194
Home Insurance
4%
$138
HOA
0%
$0
Property Management
12%
$441
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404