This property looks like a bad Mid-Term investment with a projected -3.76% first-year return on $100k initial cash invested.
-3.76%
Cash On Cash
5.54%
Cap Rate
0.91
DSCR
$3,206
Rent
-$314
Cashflow
Cash Flow
$3,206 income − $3,520 expenses = $314 out of pocket
Investment Breakdown
|
Purchase Price
$391k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,200
Closing costs
1%
$3,910
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,206
Total Expenses
$3,520
Mortgage P&I
62%
$1,992
Property Taxes
6%
$206
Home Insurance
4%
$137
HOA
3%
$95
Property Management
12%
$385
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$353