This property looks like a bad Mid-Term investment with a projected -8.62% first-year return on $101k initial cash invested.
-8.62%
Cash On Cash
4.76%
Cap Rate
0.73
DSCR
$3,560
Rent
-$725
Cashflow
Cash Flow
$3,560 income − $4,285 expenses = $725 out of pocket
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,000
Closing costs
1%
$3,950
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,560
Total Expenses
$4,285
Mortgage P&I
60%
$2,149
Property Taxes
22%
$788
Home Insurance
4%
$138
HOA
0%
$0
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$392