This property looks like a bad Mid-Term investment with a projected -4.13% first-year return on $100k initial cash invested.
-4.13%
Cash On Cash
5.59%
Cap Rate
0.9
DSCR
$3,297
Rent
-$346
Cashflow
Cash Flow
$3,297 income − $3,643 expenses = $346 out of pocket
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
6.8%
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
$3,297
Total Expenses
$3,643
Mortgage P&I
62%
$2,042
Property Taxes
7%
$244
Home Insurance
4%
$140
HOA
3%
$95
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363